The Pulse (04-07-16)



The Pulse

April 7, 2016 ● Volume 5, Issue 14.5


The Pulse Archive


Save the Date: CEO Conference scheduled for June 8-10

The Minnesota Credit Union Network will be hosting its annual CEO Conference Wednesday, June 8 through Friday, June 10 at the Inn on Lake Superior in Duluth.

The conference features a variety of speakers, networking opportunities, and a cooperative environment to discuss issues, obstacles, and opportunities facing credit unions and their staff.

Registration and more information will be available in the coming weeks. With questions, please contact MnCUN Vice President & General Counsel John Wendland by email or call (651) 288-5519.


6th Annual Minnesota Department of Commerce Financial Capability Roundtable

The Minnesota Department of Commerce will be holding a Financial Capability Roundtable on Tuesday, April 12. Registration begins at 7:30 a.m. The program will start 8 a.m., at the Minneapolis Central Library, Pohlad Hall, 300 Nicollet Ave, Minneapolis, MN.

This event will focus on how financial capability can create an inclusive economy. The economy is in a much different place than when the department held its first Roundtable in 2011. Many indicators show that the economy is stronger, but it is also clear that many people have been left behind in the recovery and much work has yet to be done.

The Roundtable will highlight success stories and case studies from Minnesota’s strong financial education and empowerment community – including credit unions.

Congressman Keith Ellison will be the keynote speaker and Andrea Levere, President of CFED will discuss policy interventions to build assets and expand economic opportunity for Minnesotans from kindergarten to retirement.

The event is free but you will need to register online.



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


Crew Young Professionals Group P2P with Kristina Wright

Young credit union professionals are encouraged to join their peers at the upcoming Minnesota Credit Union Network Crew Peer-to-Peer (P2P) meeting. P2Ps includes time for personal introductions, lunch and discussion. A full list of upcoming P2P sessions can be found on the MnCUN calendar online.

The P2P session will be held on Thursday, April 28 from 8 to 9:30 a.m. Attendees will hear from Affinity Plus Federal Credit Union Senior Vice President, Member Experience Kristina Wright about her current position, career path, and insight on advancing to a senior leadership position. More information and event registration is available online.

Open to young professionals of all levels, The Crew is a networking group made up of young credit union professionals looking to grow in their career and deepen industry ties.

To learn more about the Crew, visit The Crew page of the Network website. With questions or add your name to the Crew database, contact Crew liaison Laura Whittet by email or at (651) 288-5503.



Stan Hollen receives prestigious CU Builder Award


Pictured left to right: Bill Raker, Chairman,
CO-OP Shared Branching Board of Directors;
Stan Hollen, retiring President/CEO of CO-OP
Financial Services; Craig Beach, Pres./COO
of CO-OP Shared Branching

At the Minnesota Credit Union Network’s recent Annual Conference, Stan Hollen was presented the Minnesota Credit Union Foundation’s Credit Union Builder Award in recognition of his accomplishments by CO-OP Shared Branching.

Hollen joined CO-OP in June 2005, and among the transforming effects he has had on the company is the name itself. Within a year of his arrival, in May 2006, CO-OP Network was renamed CO-OP Financial Services. CO-OP has also received consistently high marks from its clients for consumer service, with a satisfaction rating of 8.80 (out of 10.0) for July-December 2015.

Prior to CO-OP, Hollen served as Vice President with CEFCU in Peoria, Illinois; President/CEO of Liberty Enterprises, Inc., in Mounds View, Minnesota; and Golden 1 Credit Union in Sacramento, California, the nation’s sixth largest credit union. His 11 years with CO-OP caps a career in the industry spanning more than 45 years, having joined the Board of his local credit union when he was 19 years old.

“Stan Hollen is unquestionably a “true giant” among inspired credit union leaders and bold visionaries,” said Bill Raker, Chairman of the CO-OP Shared Branching Board of Directors. “Stan’s championship for the uniqueness and value of credit unions has been unwavering. After a noteworthy 45-year career in credit unions, Stan leaves a legacy that will long be appreciated and celebrated by those fortunate to be among the many who have enjoyed the privilege and opportunity to know and work with him.”

Among the more recent accomplishments by CO-OP during Hollen’s tenure include uniting the management and branding of the industry’s shared branching network, which now includes more than 5,400 locations, third largest behind all financial branch networks, as well as building up of CO-OP ATM to 30,000 machines, larger than any bank network. Under his leadership CO-OP Financial Services grew to new record levels of transactions, services and support for credit unions.  

Hollen joins 38 other individuals who have been honored since 2008 with the Minnesota Credit Union Foundation’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.

If this describes you, then you are invited to join The Crew. This group 
If this describes you, then you are invited to join The Crew. This group 

 Joanna Drennen
 Nathan Dormody

Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034