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Modern Woodmen Fraternal Financial
430 S. Broad St. Suite 140, Mankato, MN 56001, United States
Serving more than 755,000 members with more than 1,500 financial representatives, Modern Woodmen is the nation’s third largest fraternal benefit society in terms of assets.
We were founded by Joseph Cullen Root in 1883 in Lyons, Iowa.
Our home office is in Rock Island, Ill.
Members are joined by three common bonds: financial security, quality family life and community impact.
Products and subsidiaries
Main product lines are life insurance, annuity and investment* products designed for the family market.
Established in 2001, MWA Financial Services Inc. is a wholly owned subsidiary of Modern Woodmen that functions as a full-service broker dealer and distributes securities products.
Modern Woodmen Bank, which opened for business in 2003, provides a complete array of personal banking products and services.
Through numerous fraternal programs, benefits and activities, $23.75 million goes back into the lives of members and their communities annually.
Approximately 2,500 local chapters nationwide provide fellowship and community service.
More than 875 youth clubs nationwide teach community service, citizenship, cooperation and respect for self and others.
Life insurance in force totals $33.94 billion.
Total assets are $10.14 billion.
A+ (Superior) rating from A.M. Best verifies Modern Woodmen's financial strength and security. This is the second highest of 15 ratings.
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