CUNA MUTUAL LIFE VARIABLE ACCOUNT
24F-2NT, 2000-03-27
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                                   FORM 24F-2

                        Annual Notice of Securities Sold

                             Pursuant to Rule 24f-2

1.    Name and address of issuer:
               CUNA Mutual Life Variable Account
               2000 Heritage Way
               Waverly, Iowa  50677

2.    Name of each series or class of securities for which this Form is filed
      (If the Form is being filed for all series and classes of securities of
      the issuer, check the box but do not list series or classes):  [X]

               MEMBERS Variable Universal Life

3.    Investment Company Act File Number:  811-3915

      Securities Act File Number:  33-19718


4(a). Last day of fiscal year for which this notice is filed: December 31, 1999

4(b). Check box if this Form is being filed late (i.e., more than 90 calendar
      days after the end of the issuer's fiscal year). (See Instruction A.2)

      Note: If the Form is being filed late, interest must be paid on the
            registration fee due.

4(c). Check box if this is the last time the issuer will be filing this Form.

<TABLE>
<CAPTION>
5.    Calculation of registration fee:

<S>                                                                                     <C>                   <C>
      (i)    Aggregate sale price of securities sold during the fiscal year
             pursuant to section 24(f):                                                                     $50,191,373

      (ii)   Aggregate price of securities redeemed or repurchased during the
             fiscal year:                                                            $40,634,881

      (iii)  Aggregate price of securities redeemed or repurchased during any
             prior fiscal year ending no earlier than October 11, 1995 that
             were not previously used to reduce registration fees payable to
             the Commission:                                                                  $0

      (iv)   Total available redemption credits [add Items 5(ii) and 5(iii):
                                                                                                           -$40,634,881

      (v)    Net Sales - if Item 5(i) is greater than Item 5(iv) [subtract Item
             5(iv) from Item 5(i)]:                                                                          $9,556,492

      (vi)   Redemption  credits  available for use in future years - if Item
             5(i) is less than Item  5(iv)  [subtract  Item  5(iv)  from Item
             5(i)]:

                                                                                            $(0)

      (vii)  Multiplier for determining registration fee (See Instruction C.9):
                                                                                                             x  .000264

      (viii) Registration fee due [multiply Item 5(v) by Item 5(vii)] (enter
             "0" if no fee is due):                                                                              $2,523


6.    Prepaid Shares

      If the response to Item 5(i) was  determined  by deducting an amount of
      securities  that  were  registered  under  the  Securities  Act of 1933
      pursuant  to rule 24e-2 as in effect  before  October  11,  1997,  then
      report  the  amount of  securities  (number  of shares or other  units)
      deducted  here:  0 . If there is a number of shares or other units that
      were registered  pursuant to rule 24e-2 remaining  unsold at the end of
      the fiscal year for which this form is filed that are available for use
      by the issuer in future fiscal years, then state that number here: 0 .

7.    Interest due - if this Form is being filed more than 90 days after the end
      of the issuer's fiscal year (see Instruction D):

                                                                                                                     $0

8.    Total of the amount of the registration fee due plus any interest due
      [line 5(viii) plus line 7]:

                                                                                                                 $2,523
</TABLE>

9.    Date the registration fee and any interest payment was sent to the
      Commission's lockbox depository:

         03/17/00

               Method of Delivery:

                    [X]     Wire Transfer
                            Mail or other means


<PAGE>



                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

                 By:  /s/ Michael B. Kitchen

                       Michael B. Kitchen, President and Chief Executive Officer
                       CUNA Mutual Life Insurance Company



Date    March 22, 2000



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