<p>MADISON, Wis. – As of year-end 2001, CUNA Mutual said that 13 corporates were participating in its CUNA Mutual Notes program, the company’s corporate CU investment line. Launched in October of 2000, corporates have invested about $250 million in Notes so far. CUNA Mutual said a number of enhancements to the program are coming soon. One that it could announce was giving corporates the ability to sell back any notes from the program for purposes of generating liquidity. There were others it could not discuss at press time. CUNA Mutual Notes is managed by MEMBERS Capital Advisors, a CUNA Mutual subsidiary. Most Notes are double AA rated backed by a collateralized portfolio and guaranteed by CUNA Mutual Life Insurance Company. The collateralized portfolio is kept at least 102% of the value of Notes outstanding.</p>

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:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 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.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.