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owned life insurance

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CEO
CFO
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Newcleus is able to bring the full suite of available products in the credit union space to our customers. Credit union owned life insurance can provide a credit union with additional yield opportunity while allowing for a very cost-effective benefit for employees who are part of the plan.

By working with our product partners, Newcleus is able to bring the full suite of available products in the credit union space to our customers, from fixed account CUOLI, to indexed Universal life, to separate account capabilities. In addition, we have worked to develop access to products with limited or exclusive distribution that are unavailable anywhere else in the marketplace.

Credit union owned life insurance can provide a credit union with additional yield opportunity while allowing for a very cost-effective benefit for employees who are part of the plan. By working with our product partners, Newcleus is able to bring the full suite of available products in the credit union space to our customers, from fixed account CUOLI, to indexed Universal life, to separate account capabilities. In addition, we have worked to develop access to products with limited or exclusive distribution that are unavailable anywhere else in the marketplace.

Our continual focus on innovation means that we never rest on what exists today but are always looking around the corner to see what new capabilities we can develop to bring better solutions to our customers. With an unusual collection of expertise and a range of solutions using proprietary products, we work closely with experienced Compensation Advisors to uncover your unique needs and design the financial solution that’s right for your credit union.

CUOLI BENEFITS

  • Returns that can outperform more traditional credit union investments
  • Ability to target higher returns involving equity market participation without the associated income statement volatility
  • Flexibility of utilizing BOLI returns to finance any employee benefit including healthcare, other group benefits, and executive benefit plans
  • Potentially less interest rate volatility versus more traditional credit union investments
  • Ability to integrate a key-person benefit for executives affiliated with the plan

Keep Your
Best People

Replacing key team members is costly and time‑consuming. Retain your top‑level performers by structuring innovative retention plans and offering a comprehensive suite of benefits that can position your credit union to realize its maximum potential.

CONTACT US TODAY
Income Generation - credit union advisor discussing executive compensation plans with a client.

Pay Your People Well

Compensation and retention are some of the most challenging aspects of leading your organization. We can make sure your plans are in line with your long‑term organizational goals and are competitive within the industry.

CONTACT US TODAY
A young professional applying for an exciting career opportunity at Newcleus.

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