401(k) Savings Plan for Massachusetts, New Hampshire, Rhode Island and Delaware Credit Unions
The Credit Union Employees' Retirement Association (CUERA) provides administrative and consulting services for the following retirement plans for credit unions and plan participants throughout Massachusetts, New Hampshire, Rhode Island and Delaware:
- 401(k)
- 457
- Money Purchase
- Defined Benefit
Why CUERA?
CUERA provides member credit unions with centralized and cost-effective retirement plan administration, brand name investment options, plan documents, plan design consulting and competitive fees while treating each credit union as a single employer-sponsored plan.
The program includes both actively-managed investment options and low-cost index funds using mutual fund institutional share classes and CIT’s unavailable to smaller and mid-size retirement plans.
CUERA Board of Trustees
- Eileen Migliozzi — Chair & CEO, St. Anne’s Credit Union of Fall River, Mass.
- John Howard — CEO, BrightBridge Credit Union
- John Miller — CEO, Quincy Credit Union
- Andy Moisan — CEO, Methuen Federal Credit Union
- Anabela Pereira — CEO, Pioneer Valley Federal Credit Union
- C. David Surface — President/CEO, St. Jean’s Credit Union
- James M. McCorkle — President/CEO, Common Trust Federal Credit Union
Recordkeeping & Monitoring of Funds
CUERA is governed by a volunteer Board of Directors and strategic committees. Board and committee members are current or former officers/executives of participating credit unions.
Administrative and required recordkeeping functions for the CUERA Retirement Plan are provided by TruStage™. And, at no additional cost, member credit unions have plan design independence and the benefit of delegating the selection and monitoring of funds to our co-fiduciary and partner Guidance Point Retirement Services.
To learn more about the advantages of the CUERA plan, email Retirement Sales Specialist George Manning.