Modern Woodmen of America is one of the largest (based on assets) fraternal benefit societies in the United States, with more than 750,000 members. Total assets reached US $15.4 billion in 2016. Though it shares the same founder, it is not affiliated financially in any way with another, similarly-styled fraternal benefit society, WoodmenLife, and despite the name “Modern” is actually older than its counterpart.
Modern Woodmen and its subsidiaries provide life insurance and annuity, investment and banking products to the family market. Life insurance in force totaled over $38.9 billion in 2016. Modern Woodmen has three wholly owned subsidiaries:
MWA Financial Services, Inc., founded in 2001, functions as a full-service broker dealer and distributes securities products.
Modern Woodmen General Agency, founded in 2002, offers brokered insurance products, including health insurance, long-term care insurance, disability income insurance and more.
Modern Woodmen Bank, founded in 2003, offers checking, savings and loan services as a direct bank.
Modern Woodmen of America
1701 1st Avenue
Rock Island, IL 61201