Financial Information

Year-End Report(opens a PDF in a new window)
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.
2021 Consolidated Financials and Independent Auditor Reports
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+ | A2 |
2021 Five-Year Performance
Unaudited

*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 upgraded to 'A2' in March 2022 and has a stable outlook.