Volume 5, Issue 34
Report International Credit Union Day activities
International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948. The day is recognized to reflect upon the credit union movement's history and to promote its achievements. It is a day to honor those who have dedicated their lives to the movement, recognize the hard work of those working in the credit union industry and show members our appreciation. The 2016 International Credit Union Day will be held on October 20.
The ultimate goal is to raise awareness about the great work that credit unions are doing around the world and give members the opportunity to get more involved. Credit unions and associations throughout the world celebrate the day with fundraisers, open houses, contests, picnics and parades.
World Council of Credit Unions has provided its members with ICU Day materials for over 30 years, but it no longer distributes posters. Official ICU Day posters and logos are available below for download and print. The Credit Union National Association (CUNA) also offers a variety of promotional resources to help credit unions prepare for and celebrate ICU Day.
“The Network wants to hear from our member-credit unions,” said MnCUN Advocacy Director Ryan Smith. “Reporting International Credit Union Day events helps MnCUN advocate by demonstrating the positive impact credit unions have throughout the state.”
To report 2015 International Credit Union Day activities, please email MnCUN Communications Specialist Laura Whittet.
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CUNA Mutual Group Offers Investment Flexibility with MEMBERS® Horizon
CUNA Mutual Group is helping credit union members better meet their financial goals with the launch of MEMBERS® Horizon – a variable annuity combining market-driven growth potential with personalized risk control to safeguard against dramatic market fluctuations.
“Our mission is to empower hardworking Americans to secure better financial futures,” said Jeff Bosco, senior vice president, Wealth Management, CUNA Mutual Group. “We play a critical role in helping credit union members understand and make choices that support their financial goals.”
MEMBERS® Horizon offers credit union members a full range of investment options to build a diversified portfolio while setting a limit on loss for a portion of their money, all in one product with no hidden fees.
According to DALBAR, a leading financial services market research firm, the average investor often underperforms the stock market because they sell during turmoil, sit on the sidelines awaiting stability, and then miss the market’s recovery.1 With this product, investors decide how much of their portfolio to protect from market risk to align with individual risk tolerances and financial goals.
With the availability of company-sponsored retirement plans on the decline, hardworking Americans today must navigate the complicated world of investments to secure their own retirements. MEMBERS® Horizon brings simplicity and transparency to the process, helping empower credit union members with the information they need to make the right investment choices.
“In an industry with constant change and market uncertainty, we are focused more than ever on creating investment products and services that are easy to understand,” said Bosco. “Our customer focus has made us one of the fastest-growing annuity manufacturers in the industry.”
In the wake of the Department of Labor Fiduciary Rule, providing products that advisors can confidently recommend to credit union members to meet their individual needs and best interests is critical. A panel of more than 50 financial advisors, including Justin Dams, financial advisor with CUNA Brokerage Services, Inc. at Veridian Credit Union in Waterloo, Iowa, helped develop MEMBERS® Horizon.
“As an advisor, I’m looking to provide ways for my members to balance risk and return,” said Dams. “I take pride in helping members understand their investment decisions, so that they can go home and confidently explain the choices they’ve made to their family and friends.”
To learn more about CUNA Mutual Group and the products and services it has to offer your credit union and its members, contact MnCUN Director of Business Development Kris Jacobsen by email or at (651) 288-5515.