Your life insurance policy is a flexible, liquid asset that can be changed when faced with shifts in career, family, health, or even due to policy or industry changes.
Credit union-owned life insurance is safe, liquid, and provides meaningful rates of return in today's challenging investment and interest rate environment.
Periodically auditing an existing COLI portfolio can mean reducing risk and significantly improving earnings over time. Many credit unions, however, do not review these contracts regularly.
For credit unions that are investing in traditional securities, current accounting treatment now requires mark-to-market accounting and volatility can directly impact net income.
Credit union-owned life insurance (CUOLI/COLI) is the best “otherwise impermissible investment” for your credit union. Using CUOLI in your CU can solve major issues from narrowing margins to employee retention.
Credit union-owned life insurance (COLI/CUOLI) can help you earn more for your CU and is a great way to earn a higher current yield without sacrificing safety or liquidity.