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More Acquisitions in Store for CUNA Mutual

With $85 million in newly-raised capital, CUNA Mutual Group has its sights set on more acquisitions adding to the 401(k) provider and crop insurer companies it bought in 2009.

By Michelle A. Samaad | Updated on July 12, 2010

With $85 million in newly-raised capital, CUNA Mutual Group has its sights set on more acquisitions adding to the 401(k) provider and crop insurer companies it bought in 2009.

On July 9, CUNA Mutual announced that institutional investors had purchased $85 million in fixed-rate, 20- year surplus notes to support its credit union market and diversification strategies including acquisitions and/or investment in business-to-consumer initiatives in the CU marketplace.

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