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 financial strength ratings. They’re a sign of our long-term ability to deliver on our commitments.
Company |
AM Best |
S&P Global Ratings (S&P) |
Moody's Investors Service (Moody's) |
CMFG Life Insurance Company MEMBERS Life Insurance Company 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 Company1 | A- | A | Not Rated |
TruStage Life of Canada1 | 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 eight highest, respectively, of 21 ratings. S&P: A+, A and BBB+ are the fifth, sixth and eighth highest, respectively, of 21 ratings.
1Moody’s ratings were affirmed March 2021. S&P ratings were affirmed September 2022. AM Best ratings were affirmed December 2022. S&P holds a positive outlook on the American Memorial Life Insurance Company rating. The outlook for all other ratings is stable.
2The Moody’s rating was upgraded to ‘A2’ in March 2022 and has a stable outlook. The AM Best rating was affirmed December 2022 and the S&P rating was affirmed September 2022 with stable outlook.