Connect First Credit Union has selected CUMIS Insurance Service Inc. as its creditor insurance partner.
The new partnership will deliver financial solutions and insurance to each of Connect First’s four central and southern Alberta-based divisions, including Mountain View Financial, Chinook Financial, First Calgary Financial, as well as Legacy Financial.
These institutions, including the Mountain View Financial in Eckville, are in more than 34 communities and 40 business locations in the province.
According to a press release from Connect First Credit Union, 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 of Connect First Credit Union in a press release. “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.”
Approximately 250 credit unions across Canada have partnered with CUMIS to deliver competitive insurance and financial solutions to their members.
The partnership helps create financial security while promoting the growth and success of the Canadian credit union system, states the press release.
“Connect First is a thriving credit union, well positioned to provide a comprehensive suite of financial security to its members,” said Bob Hague, president of Credit Union Distribution at CUMIS, in a press release.
“We’re very excited to have the opportunity to partner with Connect First to help ensure that it’s members have access to simple and affordable creditor insurance that protects them and their loved ones from the unforeseen,” Hague added.
Both organizations will be providing solutions for unmet needs of members through this new partnership, explains the release, adding the shared mutual success means the organizations can continue to make a difference in communities by investing in the development of environmental, economic and social sustainability.