What Is CMFG Life Insurance Company?


Quick Answer

Along with its affiliates and subsidiaries, CMFG Life Insurance Company does business under the marketing name CUNA, short for Credit Union National Association, Mutual Group. The company primarily provides financial services to credit unions and their customers.

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Full Answer

The company has been in business since 1935. As of February 2015, the corporate headquarters are in Madison, WI. The company also has main offices in Iowa and Texas and a series of smaller regional offices throughout the United States. It employs 4,000 people worldwide and 1,600 at its Madison headquarters.

Insurance is provided to credit union members through the TruStage Insurance Agency. Personalized investment planning and guidance is provided through CUNA Brokerage Services, Inc. The company also provides risk management services, lending programs and retirement plans for both credit unions and small businesses. The MemberCONNECT program assists credit unions with marketing insurance products to their customers.

Accident, health and life insurance is sometimes still provided under the CMFG Life Insurance Company name. Other companies in the CUNA Mutual Group network include CUMIS Insurance Society, Inc., CMG Mortgage Insurance Company, CUNA Mutual Insurance Agency, MEMBERS Capital Advisors, Inc., CPI Qualified Plan Consultants and Producers AG Insurance Group. Each subsidiary handles specific financial products for the company.

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