The Minnesota Credit Union Foundation -- with the mission of providing resources for credit unions and communities to prosper and thrive -- has a strong commitment to financial education. The Foundation is offering $10,000 in grants to assist Minnesota credit unions in implementing financial education projects.
Applications are currently being accepted through Tuesday, Oct. 1.
The Foundation Board of Directors will evaluate applications based on a variety of factors, including credit union value, community impact, collaboration, creativity, and past involvement in and support of Foundation activities. Projects/initiatives must have measurable outcomes and a written follow-up report must be submittedwithin 30 days of the project completion.
For full details and application forms, visit the Financial Education Grants page of the Foundation website. With questions, email MnCUF Staff Liaison Kristina Wright or call (651) 288-5507.
Credit unions planning to host Credit Unions for Kids fundraisers in the remainder of 2013 have until Monday, Sept. 30 to apply for CO-OP Miracle Match grants.
CO-OP Financial Services makes these matching funds available on behalf of its 3,500 client credit unions, and all credit unions and chapters are eligible. Grant applications must be submitted before the date of the event.
"This year marks our 15th year of participating in Credit Unions for Kids," said Stan Hollen, CO-OP Financial Services president/CEO. "The program is national in scope, but dollars raised go to supporting Children's Miracle Network Hospitals in the local service areas of the credit unions holding the events. This is an ideal way for credit unions to uplift the community of their members."
In 2012, the Minnesota Credit Unions for Kids committee raised more than $200,000 for its Children’s Miracle Network-designated hospital – Gillette Children’s Specialty Healthcare in St. Paul, with clinics statewide. This was made possible in part because of the CO-OP Miracle Match dollars that accompanied the variety of fundraisers hosted by the state’s credit unions. Nationally, more than $3 million was raised by credit unions participating in the CO-OP Miracle Match program and by CO-OP Financial Services through its matching grants, which benefited 68 CMN hospitals in 37 states.
To apply for a Miracle Match for your credit union’s fundraiser, visit the Miracle Match page of the CO-OP Financial Services website.
CU4Kids is a nonprofit collaboration of credit unions, chapters, leagues, the Credit Union National Association and business partners nationwide engaged in fundraising activities to benefit 170 Children's Miracle Network Hospitals. Credit unions are the third-largest corporate sponsor of the hospitals, behind only Walmart and Costco.
Minnesota Credit Union Foundation re-elects leadership
The Minnesota Credit Union Foundation (MNCUF) recently announced its board members and table officers.
At an MNCUF board meeting on Aug. 8, the board re-elected Pat Brekken as Chair, Dave Larson as Vice Chair, and Brian Sherrick as Secretary/Treasurer. Table officers are elected for one-year terms. Brekken and Larson are entering into their fourth consecutive years in these roles, and Sherrick is entering year two.
Brekken is President of Richfield/Bloomington Credit Union and Larson is Senior Vice President of Affinity Plus Federal Credit Union and Executive Director of the Affinity Plus Foundation. Sherrick is the President & CEO of Postal Credit Union.
During the Foundation's annual meeting in late July, Glen Durbahn of Hiway Federal Credit Union was elected to fill the remaining two years of a three-year term that was vacated in January. Durbahn is Vice President of Marketing & Member Relations at the St. Paul credit union, where he has worked for 19 years.
In addition to those mentioned above, three other individuals round out the MNCUF Board:
- Larry Champeaux, Northern Communities Credit Union
- Mary Hansen, Mayo Employees Federal Credit Union
- Kathy Harrington, Heartland Credit Union
"The Minnesota Credit Union Foundation has become a more nimble, focused and impactful organization in recent years, and I appreciate the leadership and direction provided by all members of the board,” Brekken said. "I look forward to making continued progress and working to benefit credit unions and communities across the state.”
Credit Unions in the News ...
Minnesota credit unions are making headlines every day! Follow the links on the stories below to read more about the outstanding programs, new initiatives and well-deserved recognition received by your peers in recent weeks. Got news of your own? Send stories, pitches, press releases and published articles to MnCUN Director of Communications Connie Kuhn.
- Fulda Area Credit Union chooses Harland's UltraData Enterprise Core to upgrade the credit union's processing system… more
- TopLine Federal Credit Union teams up with the St. Paul Saints for a "Be an Angel for a Day" fundraiser as a give-back to local nonprofits … more
- Affinity Plus Federal Credit Union sends an intern on a cross-country journey to learn how college students manage their finances… more
- Cook Area Credit Union wins one of 16 BizKid$ grants to help improve financial education at local schools ... more
- SouthPoint Federal Credit Union welcomes Jay Gostonczik at its new Vice President of Member Services ... more