The U.S. economy continues to be the story of the day every where you look—newspapers, TV, internet, and probably even among conversations with your friends and family. While 2008 brought challenges to Catholic Family and the membership we serve, we are seeing signs of hope in 2009.

The American public is optimistic as the consumer confidence index has been on a steady climb since February. Sales of new and existing homes are also on an upswing. The Dow Jones is almost back to even for the year as of June 1st and the credit markets are showing signs of recovery.

The U.S. economy still faces many challenges as the experts predict a slow economic recovery. The recent bankruptcy of General Motors and a continued increase in unemployment are just a few reminders. The American economy and American people, however, have demonstrated resiliency for over 200 years and will prosper once again.

Through the end of May, Catholic Family Life Insurance has generated positive financial results. Profitable earnings and favorable investment results have contributed to a stable surplus position in 2009. Sales of Catholic Family life insurance and retirement annuities have been very strong as products with solid guarantees remain in favor with the marketplace.

More positive signs can be seen in the number of new members joining Catholic Family, exceeding our estimates for the year. In addition, the Society is experiencing another banner year in chapter fund-raising and volunteer activity.

Catholic Family has also taken steps to assist you and your family through these challenging times. A dedicated CFLI advisor is a great ally during a tough economy and I’m pleased to report an increase in sales representatives able to serve our Catholic families.

You have made a wise choice in selecting Catholic Family to provide financial security to your family for the following reasons:

• Catholic Family is a member-based organization and places your interests above all else. We are truly partners in planning for the long-term future of the Society.

• Catholic Family offers insurance and retirement products with guarantees. The benefits and cash values of your life and annuity certificates are not determined by the volatile stock market.

• Our talented and dedicated sales advisors will help you with a plan to protect your family’s financial security.

• Catholic Family’s fraternal nature provides a special outreach not found in other financial services providers. You, our members, remain an amazing force for good in the Catholic faith community. It is a force that is especially needed during these challenging times.

As a member you are entitled to many family-orientated regional and local activities, and are eligible to apply for a wide range of personal value-added benefits centered on our Catholic mission.

I encourage you to speak with a Catholic Family advisor to review your family’s financial security plan. Refer your friends and family so they may too “Come home to Catholic Family.”

I remain confident that Catholic Family will continue to fulfill both the financial and fraternal promises made to our membership and the greater Catholic community. In doing so, together we will enrich the lives of more Catholic families tomorrow than we do today. God bless you and your family this summer.

Daniel T. Lloyd
President & CEO