Genworth Financial Expands CUPartnership

May 05, 2005, 1:00 a.m. EDT 1 Min Read

RICHMOND, Va. - (05/05/05) -- Genworth Financial Inc. said it hasagreed to offer its HomeOpeners MonthlyPlus low down paymentmortgage product to credit unions through a deal with PrimeAlliance, the Tukwila, Washington mortgage CUSO. HomeOpenersMonthlyPlus provides involuntary unemployment, accidentaldisability and accidental death and dismemberment insurancecoverage to borrowers at no extra cost. Standard mortgage ratesapply with no extra cost for the mortgage payment protections.Genworth is an insurance holding company hat was recently spun offfrom General Electric. Prime Alliance serves a network of 550credit unions.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Stress tests

What's next after strong bank stress tests?

While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.

By Catherine Leffert

10h ago
Digital banking

Academy Bank gives consumers digital budgeting help

The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.

By Melinda Huspen

June 30
Cyber security

GodFather malware hijacks banking apps on Android devices

GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.

By Carter Pape

June 30
Payments

How Walmart, Amazon and other nonbanks chase stablecoins

As banks consider their strategies, other big names are also considering a role for digital assets.

By John Adams

June 30
Open banking

Fintech group urges court to uphold CFPB's open banking rule

The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.

By Kate Berry

June 30
Industry News

Financial Services Forum CEO Fromer departing

Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.

By Claire Williams

June 30