The Pulse - September 2019


Credit Unions in the News

Governmental Affairs news 🔒





The Pulse - Sept. 25, 2019


CU FORWARD Day Concept Spreads Beyond Minnesota

More credit unions nationwide are adopting the concept of dedicating one day to spread kindness in their communities. MORE


NCUA: Minnesota Credit Unions Lead the U.S. in Median Annual Loan Growth

Minnesota credit unions saw growth and positive performance indicators during the year ending in the second quarter of 2019, according to a report released by the National Credit Union Administration (NCUA). MORE


SouthPoint Financial Credit Union Announces CEO Retirement and Succession Plan 

SouthPoint Financial Credit Union recently announced that Richard “Dick” Nesvold is retiring as president and CEO of the cooperative. SouthPoint’s Vice President of Retail Services, Jay Gostonczik, has been promoted to Executive Vice President as part of the Cooperative’s transition plan. MORE


Fulda Area Credit Union Names New CEO 

Fulda Area Credit Union has announced a new CEO. The $120-million credit union has named Chad Merrihew to lead the organization. MORE


Vote on SAFE Banking Act Expected This Week

H.R. 1595, the SAFE Banking Act, sponsored by Reps. Perlmutter (CO), Heck (WA), Stivers (OH), and Davidson (OH) is expected to be considered in the House under suspension of the rules this Wednesday. MORE🔒



Help CUNA Quantify the Burden of Regulatory Compliance

CUNA's Regulatory Burden Study is an important tool to communicate just how difficult it is for credit unions to comply with the regulatory burdenMORE 🔒


Learn from Local Innovation Gurus at GoKart Labs - Oct. 3

Innovation in the financial space can mean something different, depending on your business, your focus and your target. MORE


Opening Consumers’ Eyes to Credit Unions this International Credit Union Day with Gas Station TV

In Celebration of International Credit Union Day, from October 11-17, 2019 an Open Your Eyes to a Credit Union® 15 second commercial will be aired here in Minnesota, and on approximately 20 thousand GSTV stations across the country in celebration of International Credit Union Day! MORE


Promote the 2020 Scholarship Program at Your Credit Union

In 2020, the Foundation Scholarship Council (FSC) will award $20,000 in scholarships to help credit union members continue their education. MORE


The Pulse - Sept. 18, 2019



Minnesotans are Opening Their Eyes 

Midway through the first year of Open Your Eyes to a Credit Union, Minnesota is realizing impressive results. The campaign has reached over 175 million impressions statewide, combining digital and out of home marketing strategies.   MORE


World Council/CUNA release theme and logo for October 17 celebration 

Credit union professionals from across the globe helped World Council of Credit Unions (WOCCU) and the Credit Union National Association (CUNA) pick the theme for International Credit Union Day® 2019—to be held Thursday, October 17. MORE


The Pulse is Getting a New Look! 

MnCUN’s communication department diligently works to keep Minnesota’s affiliated credit unions informed of the latest news, issues and events facing the credit union movement. MORE



 Sends GREAT Alert to Stop the Data Breaches 


Yesterday, the Network sent out a GREAT action alert this week focused on asking Congress to enact meaningful data security legislation. MORE🔒

Celebrate GREAT Month at Your Credit Union  


October is GREAT month which is used to remind members why being engaged in advocacy is essential to protecting our industry and to grow the number of GREAT members in each credit union. MORE🔒


Registration is now open for the 2019 Executive Readiness Summit! 

It’s time to register for the GWLN 2019 Executive Readiness Summit! Join a group of exemplary, high-performing female candidates and Navigate the Pathway to Authentic Leadership. MORE


Join Us for the Data & Analytics P2P Session - Oct. 22   

For our fall Peer-to-Peer (P2P) sessions, our primary focus will be around facilitating conversations and learning from credit union insights, while still bringing in new experts and focusing on continued improvement around your experience. MORE


Minnesota Credit Union Employee Benefits Plan Webinar, Tomorrow, Sept. 19

Join Medica and the Minnesota Credit Union Network for an informational webinar to learn more about plan information and the requests for quote and enrollment process. MORE


Credit Unions for Kids Bowl-O-Rama, Wednesday, Oct. 23 

Join the Minnesota Credit Unions for Kids (CU4Kids) committee for the annual Bowl-O-Rama on Wednesday, October 23 in Wyoming, Minnesota.  MORE


The Pulse - Sept. 11, 2019



Minnesota Employee Benefits Plan Accepting Requests for Quotes

The Minnesota Credit Union Employee Benefits Plan can now provide health insurance quotes for eligible credit unions and will be able to provide coverage as early as October 1. MORE


Credit Union Professionals and Volunteer Connect and Learn at Fall Leadership Conference

Last weekend, the Minnesota Credit Union Network held attend its annual Fall Leadership Conference. MORE


Fidelity Bond Rule Takes Effect October 22

In July of this year, the NCUA issued a final rule amending fidelity bonds in a number of ways.  MORE 🔒


Extended BSA P2P: Wednesday, Sept. 18

The Minnesota Credit Union Network will host a Financial Education Peer-to-Peer (P2P) session on Tuesday, September 17th from 12:30-3:30 pm, at the Network office.  MORE

Minnesota Financial Fitness Network Information Sharing Forum

A group of volunteers representing the University of Minnesota Extension, the Minnesota Department of Commerce and LSS Financial Counseling, have explored the idea of creating the next iteration of the Minnesota Financial Fitness Network (MFFN). MORE


Registration for WINCentive in 2020 is Now Open

Join the 23 credit unions in Minnesota who are using WINcentive™ to strengthen relationships with their and members who open prize-linked savings accounts. MORE


 MnCUN Announces New Partnership with SRM

The Minnesota Credit Union Network (MNCUN) is proud to announce a strategic partnership with Strategic Resources Management (SRM). MORE


2020 Foundation Scholarships Program is Now Open!

The Foundation Scholarship Council (FSC) is excited to kick off this year’s scholarship program! MORE


The Pulse - Sept. 4, 2019



Over 50 Minnesota Credit Unions & Partners Set to Participate in CU FORWARD Day 2019

The Minnesota Credit Union Network is pleased to welcome 52 credit unions and organization to spread kindness in their communities on Oct 14: MORE


CUNA Economists Discuss What A Recession Could Mean for Credit Unions’ Bottom Line

Last week, the Credit Union National Association (CUNA) released the August 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. MORE


Fairgoers Greet the Minnesota Handshake with an Overwhelming Response

The Great Minnesota Handshake – a collaborative beer presented by Minnesota Credit Unions at the State Fair – was a huge hit. MORE


MnCUN Offer Grassroots Advocacy Training, Oct. 24

To enhance credit union's advocacy efforts, MnCUN and CUNA will offer a grassroots advocacy training on Thursday, Oct. 24 at 9 a.m. in the Network's office in Saint Paul.  MORE 🔒

Save the Date – Minn. Dept. of Commerce Credit Union Summit

The Minnesota Department of Commerce will convene a summit for credit unions on Wednesday, Oct. 30 from 8:30 a.m. to 3:00 p.m. at Hiway Federal Credit Union in Saint Paul. MORE 🔒


CUNA Mutual Sees Spike in Overdraft Demand Letters

According to a recent Risk Alert, the CUNA Mutual Group reports an increase in the number of demand letters sent to credit unions regarding overdraft/NSF feesMORE 🔒


FFIEC Issues Guidance on Cybersecurity Preparedness

The Federal Financial Institutions Examination Council (FFIEC) recently issued guidance for cybersecurity preparedness assessments. MORE 🔒


Join the Financial Education P2P – Tues. Sept. 17

The Minnesota Credit Union Network will host a Financial Education Peer-to-Peer (P2P) session on Tuesday, September 17th from 12:30-3:30 pm, at the Network office.  MORE


The 401(k) Knowledge Deficit: Free Webinar on Sept. 26

As employers, we want our employees to be able to retire on their own terms—with dignity and financial security after a job well done. MORE


Minnesota Credit Union Network
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(651) 288-5170
(800) 477-1034