Contact: Mick Trevey 608.665.7194 mick.trevey@cunamutual.com
Jess Noelck 608.665.7861 jess.noelck@cunamutual.com
Respected Executive Brings Business Knowledge, Industry Leadership
MADISON, Wis. – CUNA Mutual Group announced today that Tom Merfeld has been named chief financial officer for the company. Merfeld joined the company in 1994 and most recently served as the company’s chief market risk officer. He will replace Alastair Shore who held the role since 2012.
“Tom has a strong mix of industry expertise and knowledge of our businesses,” said Robert Trunzo, president and chief executive officer of CUNA Mutual Group. “He is widely respected for his leadership and commitment to helping our customers build a better financial future.”
Before joining CUNA Mutual Group, Merfeld served as the chief financial officer for Savers Life Insurance Company in Kansas City, Mo., as an investment analyst for Franklin Savings Association in Ottawa, Kan., and as an assistant economist for the Federal Reserve Bank in Kansas City, Mo.
“Throughout his more than 20 years at CUNA Mutual Group, Tom has demonstrated clear leadership and integrity,” said Trunzo.
Merfeld holds a bachelor’s degree in economics and a master’s degree in religious studies from the University of Iowa, a Ph.D. in theology from Marquette University, and an MBA in finance and accounting from Rockhurst University. Merfeld holds Chartered Financial Analyst, Certified Public Accountant, and Fellow of the Life Management Institute designations.
Alastair Shore served as chief financial officer, chief risk officer and chief actuary during his tenure with CUNA Mutual Group. “We appreciate Alastair’s dedication to our company and our customers,” said Trunzo. “We thank him for his contributions.”
About CUNA Mutual Group
CUNA Mutual Group was founded in 1935 by credit union pioneers, and our commitment to their vision continues today. The company offers insurance and protection for credit unions, employees and members; lending solutions and marketing programs; TruStageTM – branded consumer insurance products; and investment and retirement services to help credit unions and members achieve financial security and success. More information is available on the company’s website at www.cunamutual.com.
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company. Property and casualty insurance products are issued by CUMIS Insurance Society, Inc. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Corporate headquarters are located in Madison, Wis.
