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|The Pulse (08-02-16)|
Volume 5, Issue 31
News from the MnCUN Board of Directors
The Network’s Board of Directors represent the interests of credit unions all of sizes and from all parts of the state. The Board works together with MnCUN’s President & CEO to ensure that all member credit unions receive high-quality service and that the interests of Minnesota credit unions are promoted both at the state and national level. Last week, the Minnesota Credit Union Network Board of Directors held their quarterly meeting at the MnCUN office in St. Paul.
The following is an overview of issues addressed by the board:
Other topics discussed by the MnCUN Board of Directors include:
With questions or concerns, or to raise an issue, please contact any member of the MnCUN Board of Directors.
Represent Minnesota: FHLB Des Moines Advisory Council Nominations Open
Through Friday, Aug. 19, the Federal Home Loan Bank of Des Moines (FHLB Des Moines) is accepting nominations for an Affordable Housing Advisory Council (Advisory Council) member to represent the state of Minnesota. The term of services for the new Advisory Council member is three years, beginning Jan. 1, 2017 and ending Dec. 31, 2019.
Please complete and submit the nomination form and required attachment. Nomination materials must be received by Friday, Aug. 19. For additional information about the FHLB Advisory Council, visit FHLB Des Moines online or contact Jennifer Ernst by email or by phone at (206) 340-8737.
OnApproach Announces the Winner of the 2016 Analytics and Financial Innovation Conference (AXFI)
Last week, OnApproach, a leading provider of Big Data and Analytics for credit unions, announced the winner of the 2016 Analytics and Financial Innovation Conference (AXFI) Best Practices Competition.
The Best Practices Competition introduces a forum that allows credit unions to share these ideas with each other so that they too can benefit from this knowledge. At the 2016 Analytics and Financial Innovation Conference, there were three finalists selected to showcase their hottest reporting, dashboarding, and/or analytics work product in the Best Practices Competition. The goal of the competition is to help the credit union industry become more analytically driven by collaborating and sharing best practices.
The three finalists that presented their work at the 2016 Analytics and Financial Innovation Conference were: Empower Federal Credit Union, Oregon Community Credit Union, and Sunshine Coast Credit Union.
Of the three finalists that presented, Empower Federal Credit Union's Sales and Service Program was selected by the panel of judges, comprised of industry experts, as the winner of the competition. Todd Wolfe, Director of Application Development and Business Intelligence at Empower Federal Credit Union presented their Sales and Service Program at the 2016 AXFI Analytics Competition. This program provides members with a data-driven personalized experience when interacting with members via various channels. Integrated into the CORE banking system, it provides the front line staff the most important and relevant data to converse with the member they are interacting with.
Todd Wolfe, Director of Application Development and Business Intelligence at Empower stated, "The Sales and Service Program has made a significant improvement to our front line. It has proven incredibly valuable to be able to interact with members on a more personal level. We have always desired this level of personalization, and the integration of our data sources has finally made it both possible and simple."
The Minnesota Item Processing Corporation (MnIPC), a wholly-owned subsidiary of the Minnesota Credit Union Network offers OnApproach solutions to clients in both hosted and service-bureau environments. For more information, contact MnCUN Director of Business Development Kris Jacobsen by email or by phone at (651) 288-5515 or toll free at (800) 477-1034.