NAFCU Services Corporation has selected CUNA Mutual Group, a leading provider of insurance and financial services for credit unions and their members, as their preferred partner for Mortgage Payment Protection. CUNA Mutual Group joins a distinguished group of 30 NAFCU Services preferred partners, carefully selected by leading CEOs in the credit union industry.
CUNA Mutual Group introduced Mortgage Payment Protection in June 2015. Unlike private mortgage insurance, this unique product helps to cover a member’s mortgage payments for a critical period of time following an unexpected life event, such as job loss, disability, or even death – among the top reasons for mortgage default.
“We are thrilled to formally partner with CUNA Mutual Group to help credit unions protect their members and manage risk,” said Dan Berger, Chair, NAFCU Services Corporation. “CUNA Mutual Group has always been a great friend to credit unions and NAFCU members; today we strengthen our joint commitment to serving credit unions with innovative money-saving and revenue-generating products.”
“We are proud to partner with NAFCU on our Mortgage Payment Protection product as an important offering to help credit union members,” said Robert N. Trunzo, CUNA Mutual Group president and CEO. “We look forward to working with NAFCU and credit unions to help credit union members secure a better financial future.”