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Overview The CUNA Mutual Group is the leading provider of financial services to credit unions and their members worldwide, offering lending, protection, financial, employee and member solutions through strategic partnerships, technological innovations and multiple service channels. The mutual insurers of the CUNA Mutual Group are owned by their policyholders and operate to serve their best interests.
Corporate Headquarters 5910 Mineral Point Road Madison, WI 53705-4456 Phone: 800-356-2644
Number of employees: 5,500 worldwide (including CUMIS of Canada), with more than 2,000 in Madison, Wisconsin.
Financials: The CUNA Mutual Group had $15.26 billion in assets, $13.39 billion in liabilities, and $1.86 billion in policyowners' surplus as of December 31, 2006. (The numbers are calculated using generally accepted accounting principles.)
Solutions That Generate Results CUNA Mutual partners with our policyowners to offer solutions designed to help credit unions and their members succeed.
Lending -- Cost-effective methods for improving credit union lending results. Investment Management -- Creating financial strength and stability for credit unions and their members. Employee Benefits -- Helping credit unions recruit and retain the right people with benefits packages, tools and support. Protection -- A partner committed to protection - providing insurance, risk management and innovative solutions. Members -- Helping credit unions strengthen their member relationships while contributing to the bottom line.
Advocacy That Supports the Credit Union Movement and Our Communities People helping people is the credit union way. And, for us, being the people who help people is the only way we know how to operate. We have contributed significantly to support the tax exemption for our member-owned credit unions, including issues of legislation and regulation. We advocate for credit unions on such matters as RESPA mortgage-lending reform, curtailing the scope of UBIT (toward which we have already contributed more than $2 million), and protection against plastic-card fraud.
We continue our strong financial support of:
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CUNA, to help credit unions nationwide remain strong and grow.
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World Council of Credit Unions, to develop and nurture the credit union movement internationally.
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National Federation of Development Credit Unions, to assure better availability of financial resources for low-income consumers.
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African American Credit Union Coalition, in support of the Martin Luther King Jr. Memorial project.
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Filene Research Institute, to provide financial and staffing resources for independent research, analysis, and innovation.
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America’s Credit Union Museum, to remember the history of the movement.
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State Credit Union Leagues, to provide resources to reinforce local efforts and League programs.
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Children’s Miracle Network, to support children’s hospitals nationwide.
Contributions to Credit Union Success In 2006, we paid out more than $1.4 billion in claims. And we managed $7.17 billion in assets for third-party clients, including member investments, credit union employee pension assets, and credit union assets.
Our History Pioneers of the credit union movement established the CUNA Mutual Insurance Society in 1935. It is the parent organization of all companies that together form the CUNA Mutual Group.
Our Mission Creating financial security
Our Vision Being the best at serving credit unions and their members |