For more information:
Jim Buchheim 608/232-6327; cell 608-217-7321 jim.buchheim@cunamutual.com
Phil Tschudy 608/231-7188 philip.tschudy@cunamutual.com

May 5, 2008

CUNA Mutual's International Division Expands European Operations
New European Headquarters Opened May 1, in Dublin, Ireland

DUBLIN, IRELAND – CUNA Mutual Group’s International Division announced an expansion of its European operations, as it opened new European headquarters in Dublin, Ireland May 1.

Ireland's Minister for Innovation Policy Michael Ahern officially opened CUNA Mutual’s new office.  “We are delighted that CUNA Mutual chose Ireland to be the hub of its European operations,” Ahern said.

The expansion of CUNA Mutual’s International Division comes near the end of a three-year transformation effort at CUNA Mutual.  The company is pursuing growth opportunities within its traditional credit union market and new ventures outside the credit union space.

"With the opening of this office, we’re positioning for the future,” said Sue Albrecht, senior vice president of international business at CUNA Mutual.  “We’re energized to grow and make a difference around the world by providing people with access to financial well-being.”

CUNA Mutual has been pivotal in the establishment of the credit union movement throughout Europe.   CUNA Mutual, headquartered in Madison, Wis., also has international operations in Canada, Australia, Korea and Latin America. 

“We see great opportunities for growth for CUNA Mutual in the European market,” said CUNA Mutual President & CEO Jeff Post during the grand opening ceremonies.  “We believe the values and characteristics that contributed to our growth in the U.S. and other countries will serve us well in this part of the world.”

CUNA Mutual Group is a leading provider of financial services to credit unions and their members. With more than 70 years of market commitment, CUNA Mutual’s vision is unwavering: to be a trusted business partner who delivers service excellence and customer-focused, best-in-class products and market-driven innovation. More information on the company is available on the company’s Web site at www.cunamutual.com.