The Pulse (03-21-2017)

Volume 6, Issue 12

The Pulse Archive


Minn. Department of Commerce Names Acting Deputy Commissioner of Financial Institutions

Recently, Minnesota Department of Commerce Commissioner Mike Rothman appointed Sarah Butler as the Department’s Acting Deputy Commissioner of Financial Institutions. In this role, she leads the Financial Institutions team responsible for state regulatory oversight of state-chartered financial institutions and non-depository entities doing business in Minnesota. These include state-chartered banks, credit unions, thrift companies, trust companies, finance companies, mortgage-related businesses, money transmitters and other licensees.


Butler also serves as the Department’s Chief Examiner of all non-depository financial institutions licensed in Minnesota. In addition, she serves on the Board of Directors of the Money Transmitter Regulators Association.


Butler has 25 years of experience in banking and lending. Before joining the Department in August 2015, Butler served first as Director of Non-Depository Institutions and then as Acting Deputy Commissioner with the Kentucky Department of Financial Institutions. She previously served as a Risk Management Examiner with the Federal Deposit Insurance Corporation, where she led bank examinations on large, complex and troubled financial institutions in the South Florida region. She also worked in commercial lending and banking in Kentucky and Florida.


Butler earned a bachelor’s degree in business administration from Barry University and an MBA from Palm Beach Atlantic University.



MnCUN Wants to Highlight Your National Credit Union Youth Month™ Activities

April is nationally recognized as National Credit Union Youth Month™, to highlight the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits.


If your credit union has special events planned during the month, please let the Network know by contacting MnCUN Director of Communications Andrea Molnau. MnCUN will include stories and events in our communications and announcements about Financial Literacy Month.






Credit Unions asked to Share Regulatory Burden Stories




Department of Labor Fiduciary Rule Grace Period


The White House Designates Five Metro Counties as High Intensity Drug Trafficking Areas


View all Regulatory Compliance news stories


This Spring, You Can Save BIG with Sprint

The benefits of membership keep raining down! For a limited time, members can receive five lines — with unlimited data, talk and text — for only $90*. The best news: Your members can stack this offer with the Sprint® Credit Union Member Cash Rewards!

How the Sprint Credit Union Member Cash Rewards program works:


  • Members get a $100 cash reward for every new line when they switch to Sprint
  • Current Sprint customers will receive a $50 cash reward for every line transferred into Sprint Credit Union Member Cash Rewards
  • Plus, participants get a $50 loyalty cash reward every year for every line

Enroll your credit union today! Visit for details and to access all-new, FREE marketing materials to promote this offer.

How your members can sign up:


  1. Become a Sprint customer and mention that you’re a credit union member
  2. Register at or in the Love My Credit Union® Rewards app
  3. Your members will see their cash rewards directly deposited into their credit union account within six to eight weeks

Encourage your members to sign up and save with Sprint Credit Union Member Cash Rewards today!

*Sprint’s promotion for five lines with unlimited data, talk and text for $90 is available for a limited time only and ends 3/31/17.

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

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