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.
In today’s interest rate environment and in the face of rising employee benefit expenses, the yield on a credit union’s safest and most liquid assets is extremely low and typically generates little income. Additionally, in order for a credit union to potentially increase the yield on its assets, liquidity and/or safety typically must be compromised. Using credit union-owned life insurance (also known as “COLI” or “CUOLI”) as a way to pre-fund the increasing cost of benefit expenses, however, can provide significant advantages to your credit union. Let’s discuss the benefits of COLI.
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Webinars

Upcoming Webinars

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Learn How Index Life Insurance May Be The Safest and Highest-Yielding Way to Pre-Fund Employee Benefit Expenses

Webinar

Learn from Acumen's top credit union expert, Scott Hinkle, as he discusses the economics of life insurance compared to other options for pre-funding employee benefit expenses in Section 20 and why Index Life should be considered as part of a credit union's overall life insurance portfolio and projected yields

Date: Tuesday, September 14, 2021

Time: 11:00am (PDT)

Past Webinars

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Re-assess Investing Section 20 Assets Using Credit Union-Owned Life Insurance

Webinar

Learn from Acumen's top credit union expert, Scott Hinkle, as he discusses the impact life insurance can have as a Section 20 Investment and hear strategies that other organizations are using.

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Powerful Alternatives to Split-Dollar and §457(f) Plans for Credit Union Executives

Webinar

Learn from Acumen's top credit union expert, Scott Hinkle, as he discusses the impact life insurance can have as a Section 20 Investment and hear strategies that other organizations are using.