About 7 Insurance
Rooted in the seven cooperative principles, 7 Insurance is a financial partner created by credit union people for credit union people. Headquartered in Oak Ridge, TN, 7 Insurance is a jointly owned credit union service organization (CUSO) of ORNL Federal Credit Union and Y-12 Federal Credit Union. 7 Insurance represents several top-rated carriers to offer a full line of personal and commercial insurance solutions to members.
- Voluntary and Open Membership
- Democratic Member Control
- Member Economic Participation
- Autonomy and Independence
- Financial Education & Training
- Cooperation Among Cooperatives
- Concern for the Community
The agency provides our members the ability to work directly with an agent that will listen to their needs and will provide options that best fit their personal insurance needs. Additionally, our agents are not commissioned based, so you can be assured you are being provided the insurance coverage that suits your individual needs.
“It’s a ‘win-win’ situation,” said Colin Anderson, CEO at ORNL Federal Credit Union. “Our credit unions are intimately tied to insurance companies already for the protection of collateral assets such as homes, cars, boats, etc., so we saw the opportunity to form our own agency with the goal of giving our members options when choosing the right coverage for them.”
“Forming our own insurance agency allows us to ensure our members get the absolute best coverage at the best possible price,” said Y-12 CEO Mark Ziegler. “It is just another example of how we are stretching our organizations to improve our members’ financial lives.”
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