The Pulse (03-01-16)



The Pulse

March 1, 2016 ● Volume 5, Issue 9


The Pulse Archive

Welcome to The New Pulse!

The Pulse receives a new look and schedule


Beginning in March, MnCUN is changing up the look and frequency of The Pulse e-newsletter. In order to eliminate some redundancies with other publications, and make the newsletter a quick, easy read, we will be sending The Pulse twice a week. Different content areas will be highlighted in each issue as follows:


Tuesday – Network News, Governmental Affairs, Compliance, Products & Solutions

Thursday – Network News, Education and Professional Development, MnCU Foundation News (including FIC and CU4Kids), and Credit Union’s in the News


We’d love your feedback! Please share your thoughts with Andrea Molnau, Director of Communications. 


Bylaw Amendments Proposed; Membership Vote at Annual Business Meeting

Notices were sent by email and mail last week Friday regarding proposed amendments to the Minnesota Credit Union Network bylaws. The proposed bylaw amendment vote by the membership will take place during the New Business portion of the Annual Business Meeting on Thursday, March 31st.

The strength and unity of the credit union system relies on cooperation at a multitude of levels – individual, local, state and national. The sum of all participants in the system provides amplified value, including stronger regulatory influence, more effective legislative advocacy, and wider marketplace awareness. An interdependent state and national advocacy system maximizes resources for Minnesota Credit Unions. Together we are stronger.  

Earlier this month, the MnCUN Board of Directors approved proposed bylaw amendments in regards to membership, and removing the requirement that members of MnCUN must also be members of CUNA. If approved, changes would be effective for the 2017 dues cycle.

The Network Board still maintains the belief that an interdependent model – in which credit unions are members of both MnCUN and CUNA – is the best model for effective advocacy. However, making changes to MnCUN’s bylaws allows for the Network Board to be proactive in deciding dues requirements.

Voting on the amendments must take place in person, and member credit unions must designate a voting representative. The proposed bylaw amendments and a voter representative form are available on the 2016 Bylaw Amendment page of our website.

All members are invited to attend the Business Meeting portion of the Annual Meeting free of charge, however, we do ask that you register by March 16th. This is an option in the Conference registration section on the website. 

This new governance structure will allow MnCUN to modernize our bylaws and put choice in the hands of our members. Please contact John Wendland, Vice President & General Counsel, with any questions about the proposal or the voting process.


Minnesota Credit Union Network recognized by CULAC as a top achiever for 2015

Minn. credit unions share top priorities with Members of Congress at CUNA GAC


View all Governmental Affairs news stories


DHS, DOJ release guidance on implementing Cybersecurity Information Sharing Act of 2015

REMINDER: upcoming TRID and construction lending webinar

NCUA hosts upcoming merger strategy webinar

NCUA issues final MBL regulation

Upcoming compliance dates


View all Regulatory Compliance news stories


Go ahead. Let teens spread their wings a little.  

Join LSC
® & NewGen® for a free webinar and we’ll show you how.

Independence. It’s what most teens want. Freedom to make decisions about what they wear, who they hang out with, and what they buy.

Parents just want their kids to make smart decisions and learn how to spend within a budget before they turn them loose in the mall with their friends.

The NewGen prepaid Visa debit card gives teens* the freedom to spend, while giving moms and dads peace of mind. It’s the card designed to introduce teenagers to the safety and convenience of a debit card, while teaching them to spend responsibly.

  • Safer than cash
  • Easy to reload
  • Not linked to your accounts
  • Protected by Visa Zero Liability Coverage**

As an added incentive, LSC is offering a special promotion:  for a limited time we will waive the $2 new account fee to your credit union and load the first $5 onto every NewGen card your credit union issues to a teen!

LSC is hosting two free webinars to show how offering NewGen allows tomorrow’s members a little freedom while giving today’s members – their parents – peace of mind. 

To register, simply click the date that works best for you:

Thursday, April 21, 2016, 2:00 PM - 2:30 PM CT

Wednesday, April 27, 2016, 11:00 AM - 11:30 AM CT

*Must be 13 years of age or older. The NewGen card is not offered to anyone under the age of 13.

**Subject to contract terms

LSC's purpose is to help credit unions compete and to provide credit unions with a favorable operating environment and quality information, products and services, which have value, and which enable credit unions to exist, compete and prosper in the financial marketplace.

To learn more about the League Service Corporation's product and services, including its Visa gift cards, contact MnCUN Director of Business Development Kris Jacobsen by email or at (651) 288-5515.

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