The Pulse 01-05-17

Volume 6, Issue 1.5



MnIPC welcomes Steve Shurtz as Business Intelligence Administrator

Recently, Steve Shurtz joined the Minnesota Item Processing Corporation (MnIPC) as its Business Intelligence Administrator. In this newly created position, Steve will focus on developing dashboards, reports, and performing analytics utilizing the OnApproach M360 platform. MnIPC offers OnApproach solutions to clients in both in-house and hosted environments.

Steve has recently relocated to the Twin Cities from Iowa where he worked as an IT, reporting, and data analytics consultant to credit unions and manufacturing organizations throughout the state.

The Minnesota Item Processing Corporation (MnIPC) offers credit unions and other financial institutions nationwide a complete suite of cost-effective technology solutions which improve operational efficiency, increase financial performance, reduce risk, and enrich member relationships.



Apply for The 2017 CUNA Diamond Awards

Applications are now being accepted for the 2017 Diamond Awards, an annual credit union industry competition hosted by the Credit Union National Association (CUNA) Marketing & Business Development Council.


Every year, the Diamond Awards recognize the creative excellence and outstanding results of projects, campaigns and events across 30 award categories. Entries are judged based on the following criteria: creativity, design and production, copy and communication, and strategy and results.


The final submission deadline is January 13, 2017. For more information about the 2017 Diamond Awards and to submit an entry, visit the Diamond Awards webpage.




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.




Below is a summary of the Minnesota Credit Union Network's January 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.


MnCUN Major Events

In 2017, MnCUN will be hosting four separate Credit Union Days based on geographic region. The Credit Union Days at the Capitol are scheduled as follows:

  •  Wednesday, Jan. 25 - Arrowhead and Lakes & Pines Chapters
  • Thursday, Jan. 26 - Central & North Red River Valley Chapters
  • Tuesday, Jan. 31 - Archer Doig Chapter
  • Wednesday, Feb. 1 - Hiawatha and Southwestern Chapters

The registration deadline for Credit Union Days at the Capitol is January 11.


Foundation Events




Chapter Meetings



Six individuals honored as Credit Union Builders in 2016 through the Minnesota Credit Union Foundation

Throughout the course of 2016, six remarkable individuals were recognized as Credit Union Builders by the Minnesota Credit Union Foundation.


A program established by the Foundation in 2008, this prestigious honor is given to credit union professionals and volunteers to allow credit unions and organizations to make contributions in honor of or in memory of a significant individual who has been instrumental in their success. Contributions are typically made at a special time of significance to acknowledge their dedication and impact on the organization.


The 2016 Credit Union Builder honorees include:


  • Kenneth L. Kurth, honorarium contribution made by Mayo Employees Federal Credit Union - Ken began his volunteer service with MEFCU in March 2005 as a Board of Director and continues to serve in that role today.  In March 2008 he was nominated to be Board Chair and served in that role for 6 years, during which the assets of the organization grew by 122% and three additional branch offices were opened.  Ken is a gifted leader who has made an extraordinary contribution to the success of MEFCU.
  • Lu Hammer, honorarium contribution made by SPIRE Credit Union - Lu Hammer selflessly served on the SPIRE Credit Union Board of Directors for 31 years, and oversaw many changes during that time, including: growing in asset size from just under $100 million to over $850 million; A name change from Twin City Co-ops Federal Credit Union to SPIRE; conversion from federal to state charter; and four mergers.
  • Donald Eschenbacher, memorium contribution made by Mid Minnesota Federal Credit Union - Many years ago, some hardworking mill workers had a vision to create a financial institution to serve their needs, and Donald Eschenbacher played a significant role in fulfilling that desire when he co-founded Northwest Paper Credit Union in 1956. He went on to manage the credit union for over ten years, and served on the Minnesota credit union trade association’s Board of Directors.
  • Stanley Hollen, honorarium contribution made by CO-OP Shared Branching - Stanley 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. Hollen joined CO-OP in June 2005, and in May 2006, CO-OP Network was renamed CO-OP Financial Services. 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.
  • Steve Oien, honorarium contribution made by Minnco Credit Union - Steve Oien dedicated over 36 years of his life to Minnco Credit Union, nearly 26 years as the President/CEO. Steve’s hard work was instrumental in growing the credit union from around $4 million in assets with one location to over $235 million and 6 locations.
  • Kristie Jacobson, honorarium contribution made by Mayo Employees Federal Credit Union - Kristie began her volunteer work as a member of the Supervisory Committee in 2000 and then accepted the Chair role for the Supervisory Committee in 2001 and served in that role through 2004. She continued her work on the Supervisory Committee until 2006 when she was elected to the Board of Director role. In 2008 Kristie became Vice Chair of the Board and moved into the Chair role in 2014, which she continues to serve.


In total, 42 individuals have been designated as Credit Union Builders over the past eight years. 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 those who have dedicated time and energy to building the credit union movement.


Donors are also listed in the Foundation's annual report and on the donor page online. The honorees (or their families, in the case of a memoriam contribution) also receive recognition from the Minnesota Credit Union Foundation.


A minimum $1,000 contribution is required for the Credit Union Builder Award. Contributions can be made online. For more information, contact Minnesota Credit Union Foundation Executive Director Lyndsay Miller by email or by phone at 651-288-5517.



Register Now for the Foundation Scholarship Committee Anniversary Event - January 20

In January, the Minnesota Foundation Scholarship Council (FSC), formerly the Family Involvement Council, will be hosting a winter event to celebrate twenty years of providing Minnesota's credit union members with scholarships.


The FSC, a committee of the Minnesota Credit Union Foundation, works to enhance the future of the credit union movement by providing financial awareness solutions through its annual scholarship program. Since 1997, the FSC has reviewed 14,358 applications and awarded $166,500 in scholarships to 303 credit union members.


The FSC Dice & Ice event will be held on Friday, Jan. 20, from 12 to 4:30 p.m. at Vannelli’s by the Lake in Forest Lake. During the event, teams will compete in a variety of dice games. More information, registration, and sponsorship opportunities are available on the event flyer. With questions, contact Bridget Petersen by email or by phone at 651-641-2256.

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

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