CUNA Mutual Group sees growth in investment programs, advisors in 2015

Company’s $25 Million Investment Positions Credit Unions to Better Serve Members with Financial Planning

MADISON, WI (December 8, 2015) — CUNA Mutual Group’s Wealth Management business is helping more credit union members meet their financial goals as a result of its continued growth in programs and financial advisors. The company’s broker-dealer, CUNA Brokerage Services, Inc. (CBSI), added more than 21 new credit union investment programs and 60 new financial advisors across the U.S. this year.

“Our mission is to empower hardworking Americans to secure better financial futures,” said Jeff Bosco, senior vice president, Wealth Management, CUNA Mutual Group. “We play a critical role in helping members with financial planning, to help them understand and make choices that support their financial goals.”

The company committed more than $25 million to its Wealth Management business for technology, staffing, training and resources. As part of this investment, the company enhanced both iDIA™, a tablet sales tool for its MEMBERS® Future Income Annuity, and its MEMBERS® ZONE annuity sales tool, as well as upgraded its financial advisor platform.

This year, CUNA Mutual Group garnered industry recognition for its product and technology innovation as a industry award winner and a CIO 100 honoree for MEMBERS® ZONE and iDIA™, respectively.1,2

“In an industry with constant change and market uncertainty, we are more focused than ever on creating investment products and services that are simple and easy to understand,” said Bosco. “Because of our customer focus, we are one of the fastest growing annuity manufacturers in the industry.”

According to LIMRA, a leading research firm focused on retirement, insurance and distribution, CUNA Mutual Group is number one in year-over-year U.S. annuity sales growth through the third quarter.CUNA Mutual Group’s Wealth Management annuity sales surpassed $627 million in 2015, nearly double last year’s sales, and its assets under management are now more than $4.7 billion.4

“CUNA Mutual Group truly understands the unique value we, as financial advisors, bring to the member relationship. Through their dedication, support and world class resources, the company is committed to supporting the advisor community so we can focus on helping our members reach their goals and feel confident about their financial futures,” said Stephen Tobin, financial advisor for CBSI, located at Commonwealth Credit Union in Frankfort, Ky.

“The relationship between members and their financial advisors is built on trust,” said Bosco. “At CUNA Mutual Group, we work closely with our financial advisors to help support that trusted relationship for years to come.”

About TruStage

TruStage is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve. For more information, visit TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates. Corporate headquarters are located in Madison, Wis.

About CUNA Brokerage Services, Inc.:
CUNA Brokerage Services, Inc. (CBSI) provides broker-dealer services to credit unions throughout the nation, offering a full range of investment and insurance products to help credit unions help their members reach a more secure financial position.


CBSI, an affiliate of CUNA Mutual Group, is the leading broker-dealer serving the credit union marketplace. CBSI has more than 260 credit union programs, 370 active advisors, with more than $4.7 billion in mutual fund, annuity and managed account sales.


Allison Fanney

Barclay Pollak

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