MADISON, Wis. – Three CUNA Mutual Group executives spent a week in China recently where they visited with Chinese officials about the possibility of CUNA Mutual providing insurance for China's credit cooperatives. The CUNA Mutual execs included President/CEO Mike Kitchen; Ralph Swoboda, vp of international affairs; and Lon Sprecher, head of international development. The trio visited with officials in Beijing and Shanghai. Though details of the trip were very sparse at press time. The visit supposedly revolved around CUNA Mutual providing insurance for China's credit cooperatives, according to Larry Blanchard, senior vice president of communications and public relations for CUNA Mutual Group. "The credit union system has been having discussions with China for 15 years that I know of, that their credit cooperatives ought to be more of a structure along credit unions lines. They're similar but different. We've been exploring that in these rounds of discussions," said Blanchard. CUNA Mutual does business in other countries, including Canada and Australia.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.