The 401(k) Savings Plan for Michigan Credit Unions
The Michigan Credit Union Employees (MCUE) 401(k) savings plan serves 152 retirement plans in the state of Michigan, helping to ensure your employees are saving enough for retirement. With more than $730 million in total assets, it’s the right choice for your credit union.1
- Customized employee engagement programs, including online promotional kits for sponsors
- Monitored investment line-up, by the MCUE Board of Trustees and Top 35 registered investment advisor Fiducient Advisors
- Low-cost index funds and institutional share classes unavailable to smaller retirement plans
- Dedicated, independent legal support through experienced ERISA attorney Warner Norcross & Judd
- NO Annual Audit form 5500 filing
To learn more about the advantages of the MCUE plan this year, contact Retirement Sales Specialist Karnail Kooner at 800.356.2644 Ext. 665.7321.
MCUE Board of Trustees
CEO, Dow Chemical Employees’ Credit Union & MCUE Chair
Retired, CUNA Mutual Retirement Solutions & Former MCUE Secretary
Executive Vice President of Finance, Advia Credit Union
Retired CEO, TruNorth Federal Credit Union
Chief People Officer, SVP, Lake Michigan Credit Union
CEO, Sovita Credit Union
1Cuna Mutual Group Internal Data 12/31/20. CUNA Mutual Retirement Solutions is a division of CUNA Mutual Group and the marketing name for CPI Qualified Plan Consultants, Inc., a CUNA Mutual Group member company. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Annuity insurance products are issued by CMFG Life Insurance Company, located in Madison, Wisconsin. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Securities distributed by CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 866.512.6109. Non-deposit investment and insurance products are not federally insured, involve investment risk, may lose value, and are not obligations of or guaranteed by the financial institution. Representatives offer retirement and investment education but do not provide investment, legal or tax advice. Participants are encouraged to consult their own advisors. The statements and representations contained in this document are intended to be educational in nature. They are not designed to be interpreted as investment advice.