Charitable Donation Account
A Charitable Donation Account (CDA) is an easy way to give more—and strengthen your bottom line at the same time. With a CDA, you can invest in a variety of expanded investment options otherwise impermissible by the NCUA. With the new investment returns, you’ll donate a minimum of 51% of those earnings to the charity of your choice and retain up to 49% as income for your other credit union initiatives.
CDA investments have increased 58% in the past two years.1
Benefits for You
- Customized, unbiased plan design, including a variety of expanded investment options (Opens in new window)
- Donation flexibility by allowing for charitable contributions to any 501(c)(3), including the National Credit Union Foundation2
- Knowledgeable fiduciary and compliance professionals to assist you throughout the life of your plan
CUNA Mutual Group shares your commitment to giving back. Through a CDA, we can help you earn more and get the most value from your charitable giving dollars.
Simply complete this Request Information Form or call your Sales Executive at 800.798.0770 to schedule a no-cost consultation and see how much you could be earning.
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1NCUA 5300 call report data 12/31/2020.
2 National Credit Union Foundation
*Based on traditional permissible credit union investments of U.S. government backed securities with an average current yield of 1% compared with implementing an investment program to offset the cost of employee benefits, which would allow you to invest in traditionally non-permissible investments including diversified equity and fix income portfolios. These portfolios could provide returns which, in the past, have averaged between 4–5% annualized returns. Portfolios are not principal guaranteed and may lose value. Past performance is no guarantee of future results. Proprietary insurance is underwritten by CMFG Life Insurance Company. Proprietary and brokered insurance is sold by CUNA Mutual Insurance Agency, Inc., a wholly owned subsidiary. This insurance is not a deposit and is not federally insured or guaranteed by your credit union. For more information, contact your Executive Benefits Specialist at 800.356.2644. Representatives are registered through, and securities are sold through, CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, 2000 Heritage Way, Waverly IA 50677, toll-free 866.512.6109. Insurance and annuity products are sold through CMFG Life Insurance Company. Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union.