Overview  |  Parent Companies  |  Competitive Pricing  |  Executive Team  

Parent Companies

CMG Mortgage Insurance Company
Bringing the Best of the Mortgage Insurance Industry to Credit Unions

The strength, stability and reliability of our parent organizations, CUNA Mutual Insurance Society and PMI Mortgage Insurance Co., have been key to CMG MI's success. In an industry where trust is an absolute necessity, the reputations and resources of our parent companies underscore the value that CMG MI can bring to our Credit Union customers.

CUNA Mutual Insurance Society

CUNA Mutual Insurance Society is a part of the CUNA Mutual Group. The CUNA Mutual Group is the leading provider of financial services to Credit Unions and their Members worldwide, offering lending, protection, financial, employee and Member solutions through strategic partnerships, technological innovations and multiple service channels. The mutual insurers of the CUNA Mutual Group are owned by their policyholders and operated to serve their best interest. 

Read the current CUNA Mutual Annual Report here.

Find out more about CUNA Mutual Group.

PMI Mortgage Insurance Co.

PMI Mortgage Insurance Co., headquartered in Walnut Creek, CA, was established in 1972. As a leading private mortgage insurer in the United States, PMI pioneered industry technology, housing market analytics, and supported sustainable homeownership goals.

As of August 19, 2011, PMI ceased issuing new mortgage insurance commitments. The company continues to service current policyholders and existing insurance certificates. Although PMI is currently suspended as an approved mortgage insurer by both Fannie Mae and Freddie Mac, as a joint venture shareholder in CMG MI, these actions do not impact the stand-alone operations of that investment.

Find out more about PMI.