CUNA Mutual Group

CarSaver Crowned Gold Stevie® Award Winner for Most Innovative Tech Company of the Year 2024

Retrieved on: 
Thursday, April 25, 2024
Organization, Walmart, E-commerce, Original equipment manufacturer, Fintech, Gold, Stevie Awards, CUNA Mutual Group

NASHVILLE, Tenn., April 25, 2024 /PRNewswire/ -- In a significant acknowledgment of its pioneering advancements in the automotive industry, CarSaver has been honored with the prestigious Gold Stevie® Award for Most Innovative Tech Company of the Year 2024. This accolade, awarded by the American Business Awards, marks a continued recognition of CarSaver's influence and innovation in transforming how vehicles are bought and sold.

Key Points: 
  • NASHVILLE, Tenn., April 25, 2024 /PRNewswire/ -- In a significant acknowledgment of its pioneering advancements in the automotive industry, CarSaver has been honored with the prestigious Gold Stevie® Award for Most Innovative Tech Company of the Year 2024.
  • CarSaver, the leading eCommerce marketplace and FinTech platform for OEMs, dealers, and lenders, offers a comprehensive suite that automates the car buying, selling, and financing processes, entirely online.
  • This award-winning technology simplifies the auto buying experience, mirroring the convenience and efficiency consumers have grown to expect from top digital retail environments.
  • "This Stevie® Award is not just a testament to our technological achievements but also to the hard work and dedication of our team.

nCino Unveils Latest Enhancements to its Consumer Banking Solution

Retrieved on: 
Monday, April 1, 2024
Consumer, Credit, CUNA Mutual Group, Allegro, Intelligence, API, NCino, Bank

WILMINGTON, N.C, April 01, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution.

Key Points: 
  • WILMINGTON, N.C, April 01, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution.
  • These tools enable financial institutions to stay ahead of market shifts and proactively meet the evolving needs of their clients and members.
  • “In the swiftly evolving realm of consumer banking, our commitment to enhancing the nCino platform stems from a deep understanding of the industry’s challenges and an unwavering focus on solving them through technology,” said Law Helie, General Manager of Consumer Lending at nCino.
  • “We’ve enhanced our Consumer Banking Solution to make key processes more efficient for our customers, but also more engaging and accessible for their customers and members.

Rindone Takes the Driver's Seat as CU LIFT Fund President

Retrieved on: 
Tuesday, April 2, 2024
American Financial Services Association, CUNA Mutual Group, AFSA, Credit, CUSO, Love, CDK Global, Movement, Bank

AUSTIN, Texas, April 2, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of Paul Rindone as company president. Rindone will lead the company as it revolutionizes the way credit unions make direct auto loans.

Key Points: 
  • AUSTIN, Texas, April 2, 2024 /PRNewswire/ -- CU LIFT Fund , the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of Paul Rindone as company president.
  • "His skill and expertise truly put him at the intersection of all we do at CU LIFT Fund.
  • Prior to CU LIFT Fund, Rindone was a Vice President of Fintech Solutions at TruStage, focusing on automotive.
  • Klinkhammer added, "CU LIFT Fund is committed to bringing together the brightest minds in the industry.

Ascent secures venture funding to modernize underwriting infrastructure and deliver financial portability

Retrieved on: 
Tuesday, March 19, 2024
CUNA Mutual Group, Environment, General partnership, Telecommunications, Foundation Capital, HIPAA, VCS, Government, Bank

NEW YORK, March 19, 2024 /PRNewswire/ -- Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced today that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors.

Key Points: 
  • NEW YORK, March 19, 2024 /PRNewswire/ -- Ascent Platform Corporation , the leader in financial portability solutions for banks and credit unions, announced today that it has successfully raised $5.3 million in venture funding.
  • Ascent is the first platform that enables financial institutions and their customers to securely and bidirectionally share internal and external financial information, on a permissioned basis.
  • Financial institutions sit on troves of data on their customers, but this data is largely unstructured, siloed, and inoperable.
  • "Ascent is positioned to capitalize on increased data accessibility in financial services and manage and control workflows within and across institutions".

Beem and TruStage™ Join Forces to Help Safeguard Americans Against Financial Uncertainties

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Beem, SAN, Ebbs, Consumption smoothing, Life, Insurance, CUNA Mutual Group, Life insurance

This partnership underscores Beem's commitment to empowering individuals against the uncertainties of life, such as covered job loss or disability, through innovative tools and services.

Key Points: 
  • This partnership underscores Beem's commitment to empowering individuals against the uncertainties of life, such as covered job loss or disability, through innovative tools and services.
  • Beem's Super App has helped millions of working Americans prepare for financial uncertainties since 2021.
  • Through our strategic alliance with TruStage™, we broaden our mission, safeguarding Americans from drastic financial disruptions like job loss and disability, championing their financial resilience."
  • For more information about Beem and its suite of financial security solutions, please visit www.trybeem.com

Community Resource Credit Union, CRCU Retirement and Investment Services, Partner With Trustage™

Retrieved on: 
Tuesday, January 30, 2024
Partnership, LPLA, CUNA Mutual Group, Senior, Retirement, SVP, LPL, LPL Financial, Financial adviser

CRCU Retirement and Investment Services advisors serve approximately $175 million in advisory, brokerage and retirement plan assets*.

Key Points: 
  • CRCU Retirement and Investment Services advisors serve approximately $175 million in advisory, brokerage and retirement plan assets*.
  • The relationship between TruStage, LPL Financial, CRCU and CRCU Retirement and Investment Services allows their advisors to offer more members access to personalized wealth management advice and comprehensive planning services.
  • “After an extensive search, we found LPL and TruStage to be the best partners to serve the growing CRCU Retirement and Investment Services program and capabilities,” Foley said.
  • LPL and TruStage share a commitment to supporting CRCU Retirement and Investment Services and their advisors as they provide critical financial services to even more members.”

TruStage™ and SIGNiX Collaborate to Expand Digital Signature Options for all Clients

Retrieved on: 
Monday, December 18, 2023
Notary, Partnership, CUNA Mutual Group, Risk, Automation, Book

MADISON, Wis., Dec. 18, 2023 /PRNewswire/ -- TruStage™ announced today a collaboration between its compliance solutions offering, which has more than four decades of experience with financial documentation and supports more than 5,400 financial institutions, and SIGNiX, a leading provider of digital signature solutions. This collaboration will modernize and enhance the signing experience for customers and members across the country through advanced digital signature capabilities.

Key Points: 
  • This collaboration will modernize and enhance the signing experience for customers and members across the country through advanced digital signature capabilities.
  • The partnership between TruStage and SIGNiX brings clients a digital signing experience that supports next-generation identity verification, knowledge-based authentication, and embedded remote online notarization.
  • "We value the commitment made by TruStage and the work of its compliance solutions team to deliver a more secure digital signature and online notarization experience," said Jay Jumper, CEO of SIGNiX .
  • SIGNiX services are seamlessly integrated with the extensive TruStage ecosystem of lending, deposit and core fintech partners, ensuring a compliant, secure, and enhanced digital journey from start to finish.

AM Best Upgrades Credit Ratings of American Memorial Life Insurance Company and TruStage Life of Canada; Affirms Credit Ratings of Subsidiaries of CUNA Mutual Holding Company

Retrieved on: 
Thursday, December 7, 2023
Banking, Professional Services, Insurance, Finance, Union, ERM, Long-term care insurance, CUNA Mutual Group, Credit, AM Best, Security Insurance Company, TLOC, USIC, Good, News, ALL, FSR, Assurant, CMFG

Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of CMFG Life Insurance Company (CMFG LIFE) and MEMBERS Life Insurance Company (MEMBERS Life).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of CMFG Life Insurance Company (CMFG LIFE) and MEMBERS Life Insurance Company (MEMBERS Life).
  • These companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.
  • These companies are property/casualty subsidiaries of CUNA Mutual and collectively referred to as CUMIS.
  • Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of TruStage Financial Group, Inc. (headquartered in Madison, WI), an intermediate holding company of CUNA Mutual.

TruStage Named to Forbes America's Best Insurance Companies for 2024

Retrieved on: 
Monday, December 4, 2023
Statista, Research, Policy, Customer service, Term Life, Vserv Digital Services, Insurance, CUNA Mutual Group, Trust, Statistics, Partnership, Home insurance, Ratio, Transparency

MADISON, Wis., Dec. 4, 2023 /PRNewswire/ -- TruStage™, a leading insurance, investment and technology provider, announced today that it has been named one of America's Best Insurance Companies for 2024 by Forbes. Presented in partnership with Statista Inc., this prestigious award is based on responses from over 15,000 participants nationwide who were asked to evaluate insurance companies that they personally have worked with.

Key Points: 
  • Companies were ranked based on a survey of over 15,000 Americans with an insurance policy in at least one of five categories: homeowners, renters, auto, permanent life, or term life
    MADISON, Wis., Dec. 4, 2023 /PRNewswire/ -- TruStage™, a leading insurance, investment and technology provider, announced today that it has been named one of America's Best Insurance Companies for 2024 by Forbes.
  • "It is an honor for TruStage to have been named to Forbes's list of America's Best Insurance Companies, underscoring our commitment to providing accessible insurance and investment solutions for every stage of life," said Terrance Williams, President and CEO of TruStage.
  • America's Best Insurance Companies 2024 were identified in an independent survey that asked participants to evaluate the insurance companies they have held within the last three years.
  • In total, 155 companies were awarded in five insurance types: Auto, Homeowners, Renters, Term Life, and Permanent Life.

Credit Union Industry Leader, TruStage™, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward

Retrieved on: 
Wednesday, November 15, 2023
Creativity, CUNA Mutual Group, Heart, Credit union, Partnership, Happiness, Growth, Guggenheim Partners, Bank

TORRANCE, Calif., Nov. 15, 2023 /PRNewswire/ -- Happy Money, a leading platform for unsecured lending in partnership with credit unions, today announced that TruStage™ Ventures and other major institutional investors are entering into a strategic transaction to help fund the next phase of Happy Money's growth and advance the company's mission. At close of the transaction, Happy Money will remain a privately held company with independent operations.

Key Points: 
  • At close of the transaction, Happy Money will remain a privately held company with independent operations.
  • Happy Money is setting a new standard for lending that keeps people and their happiness at the heart of it all.
  • And now, this TruStage-led strategic transaction will enable a path to profitability and provide a significant growth opportunity for Happy Money.
  • "I see tremendous opportunity for Happy Money as we drive our mission and vision forward from a position of strength," said Joe Heck, CEO of Happy Money.