CU News (10-26-12)

The Pulse (10-26-12)

Oct. 26, 2012    ●    Volume 01, Issue 43

View 10-26-12 issue of The Pulse

Credit Union News

Election Day is right around the corner – access MnCUN's election materials today!

With Election Day less than two weeks away, credit unions professionals, volunteers and supporters must ensure that they are ready to vote. To assist you in preparing to cast your vote, MnCUN has a number of resources available on the Campaigns & Elections page of its website.

The most notable resource on this webpage is the Network's Credit Union Voter Guide. This publication highlights the results of a survey that MnCUN sent this summer to every individual aspiring to represent Minnesota in Congress, the state Senate and the House of Representatives. The questionnaire asked the candidates about their stance on credit union issues. As you prepare to head to the polls, this publication will give you insight into the candidates' position on credit union issues.

The Campaigns & Elections webpage also features a number of resources to assist you with the logistics of voting day. Links to the Secretary of State's website provide information about the constitutional amendments on the ballot, absentee voting and finding your polling place. In addition, a link to the Secretary of State's My Poll Finder provides you a sneak peak into the candidates and issues that will appear on the ballot you complete on Election Day.

To access these resources and for more information on the elections, visit the Campaigns & Elections page of the Network website.

Members speak out about MnCUN value

As the end of the year approaches, the Minnesota Credit Union Network looks ahead to 2013 with energy and optimism. MnCUN staff work as tireless advocates for your credit union and for the entire industry as they provide compliance support, educational seminars, legislative advocacy, networking opportunities and much more.

But don't take our word for it! Find out what your peers are saying about the value of being a member of the Minnesota Credit Union Network….

  • Affinity Plus belongs to the Network because it is important for all credit unions to have a voice and be represented. A voice so that Minnesota's credit unions can continue with the success we have experienced in growing members and being relevant in the financial services industry. The Network is a professional organization that tirelessly represents the best interests of its member credit unions.
    Kyle Markland, Affinity Plus Federal Credit Union

  • The networking opportunities and educational sessions offered by the Minnesota Credit Union Network are very valuable. Information is provided in a cost-effective manner for smaller credit unions, and MnCUN utilizes today's technology to allow for virtual training options. I also appreciate the compliance staff who help us stay up-to-date with the changing regulations and laws. Their knowledge and guidance alone are worth the cost of our dues.
    Terri Maloney, Catholic United Financial Credit Union

  • In my 27 years in the credit union industry, I have always found the Minnesota Credit Union Network's services to be of great value. Our credit union values the legislative efforts they perform on our behalf, and the fact that they keep us informed of potential regulatory issues and other issues that may affect the long-term viability of credit unions as an industry.
    Scott Lundgren, Hermantown Federal Credit Union

As we round out 2012 and look ahead to next year, we encourage you to contact our staff and take advantage of the variety of dues-supported services that we offer. For additional information, visit the MnCUN Membership page of the Network website or contact Vice President – Association Services Kristina Wright by email or phone at (651) 288-5507.

MnCUN creates technology team

Last month the Minnesota Credit Union Network welcomed Duane Olson to its staff as the Director of Information Systems. Olson is well-known in the Minnesota credit union industry, having spent the last 12 years with Minnesota Item Processing Corporation (MnIPC), a wholly-owned subsidiary of MnCUN. He will continue working with MnIPC in technology development and client relations, while utilizing his knowledge and expertise to enhance MnCUN programs, operations and offerings.

In his new role, Olson will provide visionary leadership on technology for the Network by identifying new opportunities, performing research, overseeing implementation and enhancing staff training. This move will bolster MnCUN's staff resources, forming a combined technology department that serves both MnCUN and MnIPC. Olson joins MnCUN veteran Scott Shoberg, Director of Facilities & Technology, and MnIPC Accounting & System Administrator Ryan Fox in the IT division.

The Network wants your thoughts on its educational offerings

As the trade association for Minnesota credit unions, MnCUN is acutely aware that the needs and interests of our members continue to evolve. For this reason, the Network contacted credit union professionals and volunteers around the state last week requesting feedback on the educational offerings we provide. The survey asks for input on specific topics of interest, as well as delivery channels and conference preferences.

We value your input and want your help in ensuring that our educational offerings are relevant and provided in a manner that fits your needs. If you haven't done so already, please take a moment to answer the brief 10-question 2013 Professional Development Survey by Wednesday, Oct. 31. All voices are welcome in this process – we encourage you to share the survey with board members, employees or colleagues.

With questions or additional comments, please contact MnCUN Director of Education Sue Groskreutz by email or at (651) 288-5521.

CUs invited to Fed webinar on in-school savings initiatives

The Minnesota Financial Fitness Network (MFFN) and the Federal Reserve Bank of Minneapolis are hosting an In-School Savings Initiatives webinar on Thursday, Nov. 8, from 1 p.m.-3 p.m. Credit unions are invited to participate in this webinar to learn about how they can be involved in these programs.

According to the Federal Reserve, school-based, student-oriented financial service operations teach kids the fundamentals of saving and provide hands-on education in personal finance. During this webinar, Project Manager Jacob Wascalus will provide an overview of the Federal Reserve's initiative and showcase two in-school savings programs.

To register for this webinar, visit the In-School Savings website.

Minnesota credit unions honored with CUES Golden Mirror Awards

City & County Credit Union, Mid-Minnesota Federal Credit Union and TopLine Federal Credit Union were recently recognized as winners of the 2012 Credit Union Executive Society (CUES) Golden Mirror Awards. These awards are given to credit unions that produced eye-catching marketing materials promoting the credit union difference.

In the competition, TopLine Federal Credit Union received second place in the Innovation category, and City & County Credit Union received an Award of Merit for its newsletter. In addition, Mid-Minnesota Federal Credit Union received three Awards of Merit for its direct marketing series, newsletter, and public/community relations.

For more information about the Golden Mirror Awards and to view the winning credit unions' entries, visit the CUES website.


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

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