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|The Pulse (03-10-16)|
March 10, 2016 ● Volume 5, Issue 10.5
NCUA Chairman Matz stepping down
Yesterday, the National Credit Union Administration (NCUA) announced that Board Chairman Debbie Matz (D) will be stepping down from her position at the end of April. Matz has held her position since 2009.
The NCUA has a three-member Board appointed by the President of the United States and confirmed by the Senate. No more than two Board members can be from the same political party, and each member serves a staggered six-year term. Vice Chairman Rick Metsger (D) and Board Member Mark McWatters (R) are currently the second and third members of the NCUA Board.
“During her time as Chairman, Ms. Matz made a conscious effort to meet with and hear from credit unions in Minnesota,” said MnCUN President & CEO Mark Cummins. “We are thankful to Chairman Matz for what she has done to strengthen the credit union movement and wish her the best.”
A copy of Matz’s letter of resignation submitted to President Obama is available on the NCUA website.
Spring Collectors P2P scheduled
Join your peers for this value-added forum for peer groups to network, share experiences, and learn from each other. No formal presenter is scheduled, and space has been provided on the registration form for questions or topics that you would like to cover.
The Spring Collectors P2P is scheduled for May 5 from 12:30 – 3:30 at Catholic United Financial Credit Union. Lunch is included. While you are encouraged to attend in person, there is an option to participate via conference call. To register, see the P2P event page.
Credit Unions in the News
Follow the links on the stories below to read more about the outstanding programs, new initiatives and well-deserved recognition received by your peers recently. Got news of your own? Send stories, pitches, press releases and published articles to MnCUN Communications Specialist Laura Whittet.
2015 CU Builders
Through the Minnesota Credit Union Foundation’s CU Builder Award, credit unions and organizations make contributions in honor of, or in memory of, individuals who have been instrumental in their success. In 2015, five individuals were recognized as Credit Union Builders:
In total, 36 individuals have been honored since 2008 with MnCUF’s Credit Union Builder Award. The names of the recipients and the contributing credit unions are permanently displayed in the Minnesota Credit Union Network’s lobby as a tribute to their accomplishments. The honorees receive a plaque from the Minnesota Credit Union Foundation, and donors are also listed online and in the MnCUF’s annual report.
To learn more about the Credit Union Builder Award and to view a list of those who have been honored with this recognition, visit the MnCUF website.
Hold a Casual Day on April 6 to Raise Funds for Financial Education
The National Credit Union Foundation (the Foundation) is inviting credit union organizations to hold a “Financial Fitness Day” fundraiser on April 6 to kick off National Financial Literacy Month and National Credit Union Youth Month™. This initiative will raise funds for the Foundation and the Minnesota Credit Union Foundation support of their financial education initiatives.
Donations made as part of the initiative will be split 50/50 between the National Foundation and the Minnesota Foundation. More information, campaign resources, and a donation form can be found online.