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Connect First Credit Union Chooses CUMIS as Creditor Insurance Partner

Sep 23, 2019

Connect First Credit Union (Connect First), one of Canada’s largest credit unions, announced it has selected CUMIS as its creditor insurance partner.  

 

This new strategic partnership will deliver insurance and financial solutions to each of Connect First’s four Central and Southern Alberta-based divisions, including Chinook Financial, First Calgary Financial, Mountain View Financial and Legacy Financial

 

Connect First is a full-service financial institution with over $6 billion in assets under administration.. Serving over 128,000 members through more than 34 communities and 40 business locations in Alberta, its branches provide a range of financial products and services including personal and business banking, commercial, agriculture and personal loans, residential and commercial mortgages, investment products and services, and a suite of insurance products. Creditor insurance from CUMIS will provide financial protection to members holding loans or mortgages from unexpected financial loss. 

 

Connect First has embarked on a bold journey to make money make a difference and build a brighter financial future for the members and communities we serve across Alberta, said Paul Kelly, CEO – Connect First. “We are thrilled to partner with CUMIS to provide industry-leading creditor insurance programming for all four of our divisions that will put our members first and create financial security for years to come.” 

 

CUMIS partners with approximately 250 credit unions across Canada to deliver competitive insurance and financial solutions to them and their members. It helps create financial security and promotes the growth and success of the Canadian credit union system.

 

“Connect First is a thriving credit union, well positioned to provide a comprehensive suite of financial security products to its members,” said Bob Hague, President, Credit Union Distribution at CUMIS. “We’re very excited to have the opportunity to partner with Connect First to help ensure that its members have access to simple and affordable creditor insurance that protects them and their loved ones from the unforeseen.”

                                                                                                                      

Through this partnership, both organizations are providing solutions for unmet needs of members. Shared mutual success means they can continue to make a difference in Canadian communities by investing in the development of environmental, economic, and social sustainability. 

 

About Connect First:

Connect First Credit Union (Connect First), one of the largest and most successful credit unions in Canada, is a full-service financial institution with over $6 billion in assets under administration. Recognized as one of Canada’s Best Managed Companies for 20 consecutive years – the only Canadian credit union to achieve this distinction – Connect First proudly employs almost 800 Albertans and passionately serves over 128,000 members through more than 34 communities and 40 locations in Central and Southern Alberta under four divisions: Chinook FinancialFirst Calgary Financial, Mountain View Financial and Legacy Financial

 

About CUMIS and The Co-operators

CUMIS Insurance Service Inc. (CUMIS), which is owned by Co-operators Life Insurance Company partners with credit unions to deliver competitive insurance and financial solutions. As the leading provider of insurance-related products and services to the Canadian credit union system, CUMIS serves approximately 250 credit unions, with a total of more than five million members. The Co-operators Group Limited is a Canadian co-operative with $46.7 billion in assets under administration. Through its group of companies, it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is ranked as the Corporate Knights' #1 Best 50 Corporate Citizen in Canada and listed among the Best Employers in Canada by Aon Hewitt. 
 

To access the online release, click here.