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NAFCU Services Selects CUNA Mutual Group as Preferred Partner for Mortgage Payment Protection

By PaymentsJournal
January 5, 2016
in Press Releases
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Press Releases - Office Folder on Background of Working Table with Stationery, Glasses, Reports. Business Concept on Blurred Background. Toned Image.

Press Releases - Office Folder on Background of Working Table with Stationery, Glasses, Reports. Business Concept on Blurred Background. Toned Image.

JANUARY 5, 2016 ARLINGTON, VA — NAFCU Services Corporation has selected CUNA Mutual Group, a leading provider of insurance and financial services for credit unions and their members, as their preferred partner for Mortgage Payment Protection. CUNA Mutual Group joins a distinguished group of 30 NAFCU Services preferred partners, carefully selected by leading CEOs in the credit union industry.

CUNA Mutual Group introduced Mortgage Payment Protection in June 2015. Unlike private mortgage insurance, this unique product helps to cover a member’s mortgage payments for a critical period of time following an unexpected life event, such as job loss, disability, or even death – among the top reasons for mortgage default.

“We are thrilled to formally partner with CUNA Mutual Group to help credit unions protect their members and manage risk,” said Dan Berger, Chair, NAFCU Services Corporation. “CUNA Mutual Group has always been a great friend to credit unions and NAFCU members; today we strengthen our joint commitment to serving credit unions with innovative money-saving and revenue-generating products.”

“We are proud to partner with NAFCU on our Mortgage Payment Protection product as an important offering to help credit union members,” said Robert N. Trunzo, CUNA Mutual Group president and CEO. “We look forward to working with NAFCU and credit unions to help credit union members secure a better financial future.”

About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). For 40 years, NAFCU Services has partnered with the industry’s leading providers to offer superior solutions to the credit union industry. The NAFCU Services Preferred Partner Seal designates only those suppliers who are truly committed to credit unions, and who have undergone a rigorous evaluation process by three boards of credit union CEOs.

About CUNA Mutual Group
CUNA Mutual Group was founded in 1935 by credit union pioneers, and our commitment to their vision continues today. The company offers insurance and protection for credit unions, employees and members; lending solutions and marketing programs; TruStage™ – branded consumer insurance products; and investment and retirement services to help credit unions and members achieve financial security and success.

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