Financial Information

2021 Year in Review
View the Report

We invite you to explore CUNA Mutual Group’s latest financial information. We combine the best instincts and practices of a highly accountable risk-protection enterprise with the passion and drive of a top financial services provider.

Current Quarter Unaudited Financial Statements

2021 CUNA Mutual Holding Company Consolidated Financials and Independent Auditor’s Report

2021 TruStage Financial Group Consolidated Financials and Independent Auditor’s Report

Financial Rating

We’re proud of our strong financial ratings. They’re a sign of our long-term ability to deliver on our commitments to you.

Company

AM Best Company

S&P Global Ratings

Moody's Investors Service

CMFG Life Insurance Company1
MEMBERS Life Insurance Company1
CUMIS Insurance Society, Inc.1
A A+ A2
CUMIS Mortgage Reinsurance Company1 A A+ Not Rated
CUMIS Specialty Insurance Company, Inc.1 A Not Rated Not Rated
American Memorial Life Insurance Company2 A- A Not Rated
TruStage Life of Canada2 A- Not Rated Not Rated
Union Security Insurance Company2 B+ BBB+ Baa1

2021 Five-Year Performance

Unaudited

5-year financial performance of CUNA Mutual Group

*Liabilities for 2021 at $39.53 billion

AM Best: A, A- and B++ are the third, fourth and fifth highest, respectively, of 16 ratings. Moody's: A2 and Baa1 are the sixth and eighth highest, respectively, of 21 ratings. S&P: A+, A and BBB+ are the fifth, sixth and eighth highest, respectively, of 21 ratings. Third-party ratings are subject to change.
1Moody's ratings were affirmed March 2021. S&P ratings were affirmed December 2021. AM Best ratings were affirmed March 2022. The outlook for all ratings is stable.
2AM Best ratings were affirmed with stable outlook October 2021. The S&P rating for American Memorial Life Insurance Company was affirmed with positive outlook in December 2021. The S&P rating for Union Security Insurance Company was lowered in December 2021 given its runoff status and has a stable outlook; The Moody’s rating was affirmed March 2021 and is under review for possible upgrade.