March 24, 2016 ● Volume 5, Issue 12.5
The Pulse Archive
Minnesota Credit Unions Rock the Diamond Awards
Several Minnesota credit unions and the Minnesota Credit Union Network were recognized Tuesday at the CUNA Marketing & Business Development Council Conference in Anaheim, Calif.
The following Minnesota credit unions received CUNA Marketing & Business Development Council 2016 Diamond Awards:
- City & County Credit Union
- Mill City Credit Union
- Minnesota Credit Union Network
- Minnesota Power Employees Credit Union
- Royal Credit Union
- SPIRE Credit Union
- TopLine Federal Credit Union
Additionally, Nancy Hutchinson, senior vice president, marketing & business development, at Minnesota Power Employees Credit Union, won the CUNA Marketing & Business Development Council Hall of Fame Award. Hutchinson was chosen for her two decades of service to her credit union’s marketing department, which has resulted in significant membership and asset growth, as well as her extensive charity work.
The Minnesota Credit Union Network’s Diamond Award is in recognition of the WINcentive™ Savings logo design.
The most prestigious annual competition in the credit union industry, the Diamond Awards recognize achievements in 30 diverse categories of marketing and business development, including branding, campaigns, direct mail, social media and—new to 2016—video. Entries are judged on five criteria: Creativity, Design and Production, Copy and Communication, Strategy and Results.
More information about the 2016 Diamond Awards and a full listing of winners is available on the CUNA Councils website.
Below is a summary of the Minnesota Credit Union Network's April educational sessions. Browse the listings below and click the links for more detailed information and online registration. Look for a complete schedule on the Event Calendar section of the Network website!
- Tuesday, April 5 - New Federal Regulations Targeting Student Accounts, Including Debit & Prepaid Cards: Effective July 1
- Wednesday, April 6 - Managing IRA Beneficiary Designations & Distributions
- Thursday, April 7 - Post EMV Card Liability Shift: Managing & Mitigating Card-Not-Present Fraud
- Tuesday, April 12 - Completing the SAR Line-by-Line
- Wednesday, April 13 - Your Depositor Has Died: Actions to Take, Mistakes to Avoid
- Thursday, April 14 - Fundamentals of Residential Mortgage Underwriting
- Tuesday, April 19 - Effective Management of Credit Report Disputes
- Wednesday, April 20 - Troubled Debt Restructuring: Determination & Accounting
- Wednesday, April 20 - Managing Absenteeism & Leaves of Absence
- Tuesday, April 26 - Regulator Expectations for Risk Assessment: Policies, Procedures & Steps in Obtaining Boa
- Wednesday, April 27 - Call Report Preparation: Avoiding Common Errors
- Thursday, April 28 - ACH Rules Update 2016
Webinars On Demand
MnCUN's Webinars On Demand bring important information on credit union hot topics, updates and compliance standards to you -- no matter where you are. These sessions are provided via web link, enabling you to learn at a time that's convenient. There are several new sessions that are now available, plus more! Go to the Webinars on Demand page of the Network website to order these sessions.
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.
Minnesota Credit Union Foundation releases 2015 Annual Report
The Minnesota Credit Union Foundation has released its 2015 Annual Report highlighting the year’s many successes. This publication provides an overview of last year’s major activities, including disbursements of $41,000 in grants and support. The Annual Report also recaps the activities of its two committees, Minnesota Credit Unions for Kids and the Family Involvement Council. A printed copy will be made available at the Foundation booth at the upcoming Annual Conference, and an electronic copy can be found at mncufoundation.org.
Financial Education Grant application period closes tomorrow, $25,000 in grant funds available
The Minnesota Credit Union Foundation (MnCUF) – with the mission of providing resources for credit unions and communities to prosper and thrive – has a strong commitment to financial education. MnCUF has $25,000 in grants available to assist Minnesota credit unions in implementing financial education projects during its Spring 2016 grant cycle.
The application period ends tomorrow, March 27.
Applications will be evaluated on a variety of factors, including credit union value, community impact, collaboration and creativity. Projects/initiatives must have measurable outcomes and submit a written follow-up report within 30 days of the project completion.
Examples of financial education projects/initiatives include:
- establishing an in-school branch
- partnering with a community organization to teach personal finance skills
- teaching financial literacy classes in local schools
- creating a CU Youth Advisory Board that incorporates various learning components
- hosting seminars on credit, debt, budgeting, etc., for members or for the community
- coordinating retirement or estate planning workshops
- offering youth checking or credit card products and apply required learning benchmarks
- providing credit union services to high-risk members, coupled with education classes
- supplying local schools with financial education curriculum
For additional information and application forms, visit the financial education grants page of the Foundation website. With questions, email MnCUF Executive Director Lyndsay Miller or call (651) 288-5517.