End-to-end comprehensive CUOLI platform
We can also help in reviewing any existing funding assets to ensure they are delivering the best quality and reliability to last for the long term—without putting the credit union at risk of financial statement volatility.
Credit unions can rely on our team to provide expertise throughout the entire CUOLI lifecycle, including purchase analysis, program design, funding strategies, risk management, reporting, and administration.
Benefits
- Complete product selection
- Attentive, personalized service
- Dedicated team members
- 24/7 online access
- Reliable and timely administration
- Experienced team of professionals
- In-house proprietary technology and data protection
Why CUOLI?
CUOLI allows credit unions to recover some or all of the costs associated with providing competitive employee benefit plans—such as retirement, health care, and deferred compensation.
A CUOLI plan can be an attractive option for credit unions because CUOLI can produce both short-term and long-term benefits to balance out benefit expenses, boost earnings immediately, offer higher returns than alternatives, diversify the portfolio, and mitigate interest rate risk associated with a typical fixed-income portfolio.
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Securities related insurance products are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Non-securities related insurance products may be offered through Newport Group, Inc. For more information, please visit www.ascensus.com.
