Our Blog

Executive VP/COO April Report

April 12, 2022

GCU’s Growth & Digital Transformation!!!

The year 2021 was incredible for both business and financial growth at GCU! It was the organizations best growth and financial year in its 130 year history!
 GCU grew its Assets to $2.4 Million up 9%,
 Life Premium was up 174%,
 Annuity Premium rose 126%,
 Membership increased expanding our national footprint,
 The Company launched its first Fixed Indexed Annuity—“Aquilia X” in October.

It was also another great year of business adaptation for GCU. We continued to be in a truly unprecedented situation with the Coronavirus global pandemic affecting every aspect of our lives from our communities, our members, our producers, our team members and our partners.

During this year of great triumph, GCU’s leadership and staff rose to the occasion moving forward by being creative, innovative and agile. Credit for these results goes to the entire GCU team, who demonstrated incredible adaptability, agility and commitment to serving the members and producers every day.

A new year is upon us, bringing with it great optimism, new opportunities, new challenges, and – I can confidently predict – new GCU milestones and accomplishments. The GCU strategy is unwavering, and it’s delivering strong, balanced growth and value creation. GCU works diligently to adapt to new circumstances while transforming for the future. We continue to develop a more empowered, agile and accountable organization.

As a progressive financial institution, our Strategic Vision continues to be executed with success in Growth, Financial Strength, and Digital Transformation in a well-controlled environment. The GCU Strategy encompasses six key objectives:
1.) Grow Life Business!
2.) Grow Annuity Business!
3.) Continue to Design and Implement the New “OIPA” Strategic Administrative System Platform!
4.) Maintain / Improve our current KBRA Rating of A-!
5.) Continue to increase our profitability!
6.) Continue to Invest in you and your community!

GCU is committed to continue growing its Life & Annuity business lines. As an organization, we are revamping and increasing our Life & Annuity Business to diversify product mix. We have successfully designed and implemented the “Aquila X” Fixed Index Annuity product on our new OIPA administrative system. With this product, we are receiving National Brand recognition in the Annuity Market space as one of the first fraternal organizations to have an Indexed Annuity in their product portfolio.

GCU continues investing in a new modern, agile administrative system to ensure a competitive advantage. Our new system is focused on delivering a “Wow!” member and agent experience to ensure ease of doing business with GCU. It is digital transformation in this modern era.

Finally, GCU is devoted to investing in “You” & “Your” Community! The organization will continue to Invest in the Goodness of Community. Nothing we do is possible without “You” our strong member community. Members who are passionate enough to volunteer their time to a common effort and commitment to a cause. We thank “You” for your tireless hours and “Your” effortless contributions to charity.

I look forward to sharing GCU’s 2022 successes and accomplishments. Our goal will continue to be understanding how we can evolve and better serve the members to strengthen the organization’s outstanding legacy.

Our members are the heart of GCU. We are grateful to “YOU” for your ongoing support. We simply say “Thank You” for everything!

Have a Great Spring!
Much Success,
Scott W. Schuetz | Chief Operating Officer

Find a GCU Agent

When you talk with a GCU agent, they will work with you to put together a plan that fits your needs.

Find agents withinof