Timothy Smith

dmyers View all

Published in

1 min read

After many years of double-digit increases on our employee medical plan, CU Benefits Alliance delivered a 29% drop in the first year. They far exceeded our expectations and completely changed our mindset about the cost dynamics of this important benefit for our employees.

Related Articles

Why Credit Unions Are Joining Captives and What’s Driving the Shift

John Harris in

Employer health insurance costs are rising at the fastest rate in 15 years, with projected increases of 9.5% in the coming year alone.

How Credit Unions Are Collaborating to Protect Their ROA

John Harris in

Rising federal interest rates are intensifying competition for low-cost deposits, pushing up funding costs and compressing margins across the credit union industry. After peaking at 1.07% in 2021, credit union return on assets (ROA) is projected to fall to 0.80% this year. “You can’t grow loans as quickly when deposit rates are rising,” says Mark […]