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Network News Archive: 2008-2009

Adding to Affinity - Credit union see membership grow quickly during downturn
(Minneapolis/St. Paul Business Journnal © 03/05/2010)
While the past year has been a tough one for the banking and financial industries, Affinity Plus Federal Credit Union has used this time to build its business...

First Alliance partners with credit unions and United Way to collect blankets for Haiti
(KTTC Rochester © 03/04/2010)

First Alliance held a blanket drive for the people Haiti. Together with the help of Hometown Credit Union, United Employees Credit Union, and United Way, they gathered almost 1,000 blankets for Haiti.

Employees at TopLine partner with BestPrep to coach students in real-world career experience
(Osseo-Maple Grove Press © 03/03/2010)
Employees at TopLine Federal Credit Union have partnered with Minnesota nonprofit BestPrep in volunteering to help students understand the relationship between classroom learning and career skills...

The Minnesota Credit Union Foundation funds $3,000 grant
(News Now © 03/03/2010)

The Minnesota Credit Union Foundation funded a $3,000 grant to ICOP, a non-profit direct service organization that provides affordable housing, financial education and wealth accumulation for low-incomers...

Royal CU Adds StrandVision’s Digital Signs

(Credit Union Journal © 03/01/2010) (Registration Required)
Royal CU, which is integrating new branches from its merger with REAL Financial CU and the acquisition of Anchorank branches, is rolling out new digital signs form StrandVision of Menomonie, Wis...


Association update: Credit unions as safe as banks, often more accessible

(Finance & Commerce © 02/26/2010) (Registration Required)
As a guest commentator, Mark D. Cummins, MnCUN President & CEO, highlights the characteristics that make credit unions unique and their focus on providing extraordinary products and services to Minnesotans...

SPIRE FCU employee selected as Princeton Chamber of Commerce's volunteer of the year
(Credit Union Times © 02/24/2010)

SPIRE Federal Credit Union announced that Sue Johnson, Princeton branch manager and 31-year employee, was selected as Princeton Chapter of Commerce's volunteer of the year.

Central Minnesota Federal Credit Union sponsors inspirational speaker at Melrose High School
(Stearns-Morrison Enterprise © 02/23/2010)
Chad Hymas, an inspirational speaker, visited Melrose High School thanks to Central Minnesota Federal Credit Union...

TopLine FCU employees serve as BestPrep mentors
(CUNA News Now © 02/15/2010)
Twenty employees at TopLine FCU are serving as one-on-one e-mail mentors to 20 students from Osseo (Minn.) Senior High School as part of the credit union's partnership with Minnesota nonprofit BestPrep...

SPIRE FCU announces Stoltz as new president/CEO
(CUNA News Now © 02/10/2010)
SPIRE FCU has selected Dan Stoltz as  its new president/CEO, the board of directors announced. Stoltz had been serving in the dual role as interim president/CEO and executive vice president since the October resignation of former President/CEO John Gisler... 

Minn. officials, CUs discuss foreclosure legislation
(CUNA News Now © 02/09/2010)
As the Minnesota Legislature kicked off its 2010 session on Feb. 4, State Rep. Debra Hilstrom (DFL-Brooklyn Center) and Kermit Fruechte of the Minnesota Attorney General's Office, met with credit unions to discuss the details of mortgage mediation legislation...

Central Minnesota Federal Credit Union raises $624 for Albany Area Schools
(Stearns-Morrison Enterprise © 02/09/2010)

A check in the amount of $624.00 was presented to the Albany Area Schools from Central Minnesota Federal Credit Union (CMFCU). The money raised is the proceeds of the school checks and check cards promotion offered by CMFCU...

Credit Union Financial Advisor Named to Senior Advisory Leadership Team
(Duluth News Tribune © 02/08/2010)
Dennis Archer, a financial adviser at Minnesota Power Employees Credit Union, Superior Choice Credit Union and Two Harbors Federal Credit Union, registered through CUNA Brokerage Services Inc., was named to the senior advisory leadership team...

Creative Collections Continue to Help Haiti
(Rochester KTTC © 02/03/2010)
First Alliance Credit Union partners with the United Way to raise money for earthquake victims in Haiti...

Minnesota Credit Union Foundation Donates to Children's Hospital

(Credit Union Times © 02/03/2010)
The Minnesota Credit Union Foundation's Credit Unions for Kids raised more than $190,000 for Gillette Children's Specialty Healthcare and presented the check representing the funds raised by credit unions around the state...

Minnesota league promotes jobs through MBL
(CUNA News Now © 02/02/2010)
Minnesota Credit Union Network (MnCUN) President/CEO Mark D. Cummins, who is a regular columnist for Finance & Commerce newspaper, wrote on the benefits of credit union member business lending in his latest commentary...

Members Cooperative CU Hosts Savings Contest
(CUNA News Now © 02/02/2010)
Members Cooperative CU presented Stephanie Richards with a check as a result of a project MCCU launched last fall to encourage account holders to save in an Emergency Fund Account by building their savings each month through automatic transfers...

Mayo EFCU serves the Mayo employees niche market
(Credit Union Magazine © 02/2010)
Mayo Employees Federal Credit Union in Rochester recieved the CUNA Lending Council's 2009 Credit Union Excellence in Lending Awards for its service to Mayo employees...

Minnesota Valley FCU receives Readers Choice Award
(Mankato Free Press © 01/31/2010)
Minnesota Valley FCU received second place in the "Best Financial Institution" category for Mankato Free Press' Readers Choice Awards.

Association update: Community involvement fundamental for credit unions
(Finance & Commerce © 01/29/2010) (Registration Required)
As a guest commentator, Mark D. Cummins, MnCUN President & CEO, provides perspective credit unions' community involvement and the assistance they provide to community businesses through small business loans...

Star Choice CU Supports Pennies for Haiti event
(Bloomington Sun Current © 01/28/2010)
The last week in January students at Hillcrest hosted a "Penny War." On Jan. 28, Star Choice CU attended the school's rally to announce the total raised by Hillcrest students and to match that total with its own donation...

Minnesota CU Network Builds Vendor Program
(Credit Union Journal © 01/27/2010) (Registration Required)
Twenty-six organizations are the latest additions and renewals to the Minnesota Credit Union Network’s vendor involvement program...

Northern Communities CU announces promotion
(Duluth News Tribune © 01/25/2010)
Northern Communities Credit Union announced Natasha Haagensen was promoted to collections manager...

Minn. CU4Kids donates $190,000+ to hospital
(News Now © 01/25/2010)
The Minnesota Credit Union Foundation's Credit Unions for Kids (MnCU4Kids) committee raised more than $190,000 for Gillette Children's Specialty Healthcare in 2009...

CU's staff featured for helping bust check scam
(News Now © 01/25/2010)

Northern Communities CU (NCCU) was featured on a Duluth, Minn., television station this week regarding its employees' role in helping police solve a financial fraud case...

CFOs Perched on Hot Seat
(Credit Union Times © 01/20/2010
Pam Finch, CFO at Mid-Minnesota Federal Credit Union and chair of CUNA's CFO Council provides insight into the increased attention credit union CFO's are giving to financial education.

Central Minnesota Federal Credit Union opens new doors
(Newsleaders © 01/14/2010)

Central Minnesota Federal Credit Union held a ribbon cutting ceremony on Jan. 11 to open its newest St. Joseph branch...

Affinity FCU Members Trade Credit Card Rewards For Charity
(Credit Union Journal © 01/15/2010)
Affinity Plus FCU members have found a new way to give to charity and agreed to donate 774,442 credit card rewards points accumulated in October, November and December valued at $15,500 to local charities...

Minn. CUs learn impacting politics via caucuses
(CUNA News Now © 01/14/2010)
Positioning Minnesota credit unions to be politically active in 2010, the Minnesota Credit Union Network (MnCUN) hosted a Political Caucus Workshop Tuesday...

Affinity Plus FCU Is Hot For Former Starbucks Site
(Credit Union Journal © 01/08/2010) (Registration Required)
Affinity Plus FCU said it is renovating a former Starbucks location in Hasting into a new branch...

Members Cooperative Offering FHA and VA Loans
(Credit Union Times
 © 01/05/2010) (Registration Required)
Members Cooperative Credit Union is now offering Federal Housing Administration and Veterans Administration loans to its members...

Business and professional news
(Rochester Post-Bulletin © 12/26/2009) (Registration Required)
United Way Board welcomes new members. Joining the board of directors in January are Kelly McDonough of First Alliance Credit Union... 

Business line
(Burnsville Sun Current © 12/24/2009)
....US Federal Credit Union recently donated more than 100 pairs of mittens and hats to the local Community Action Council to support their holiday giving and Armful of Love program...

"Look Who's Stuck In The Chimney"
(Fulda Free Press © 12/24/2009)
Linda Jacobson of Fulda Area Credit Union participates in the Fulda FCCLA Chapter hosted a "Stuck In The Chimney" project... 

Albany Chamber decorating contest winner
(Stearns-Morrison Enterprise © 12/23/2009)
Central Minnesota Federal Credit Union is the winner of the Albany Chamber Christmas decorating contest... 

What the Financial Crisis Did for Credit Unions
(Cooperative Business Journal © 12/15/2009)
SPIRE Federal Credit Union is recognized for its involvement in the cooperative movement by offering affinity credit cards to members of the Wedge food co-op...

Students get real-world personal finance
(Brainerd Dispatch © 12/2/2009)
Thanks to Mid-Minnesota FCU, students are now learning real-world personal finance in their economics classes....