The basics
- Serving more than 750,000 members with more than 1,500 agency 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: family financial security, positive family life and service to community.
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.
- Our newest subsidiary, Modern Woodmen Bank, provides a complete array of personal banking products and services.
Member benefits
- Through numerous fraternal programs, benefits and activities, more than $22 million goes back into the lives of members and their communities annually.
- More than 2,300 local camps nationwide provide fellowship and community service.
- More than 700 youth clubs nationwide teach community service, citizenship, cooperation and respect for self and others.
Financial highlights
- Life insurance in force totals $32.2 billion.
- Total assets are $7.9 billion.
- Ratings from A.M. Best verify Modern Woodmen's financial strength and security.