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|The Pulse | 04-03-2018|
Volume 7, Issue 14
CEO Conference Registration Now Open
Registration is now open for CEO Conference being held Wednesday, June 13 through Friday, June 15 at the Inn on Lake Superior in Duluth. This annual event will feature presentations from speakers on a variety of pertinent credit union topics, provide opportunities to connect with other CEOs, and offer a cooperative forum to share expertise and experiences.
Session topics and presenters include:
Additional conference and lodging details, along with a schedule of events, can be found on the CEO Conference page of the Network website.
With questions, please contact MnCUN Vice President Communications & Engagement Andrea Molnau by email or call 651-288-5519.
NCUA Posts New Share Insurance Fund Distribution Directions Online
Federally insured credit unions now can find online information about calculating and recording the planned Share Insurance Fund equity distribution from the National Credit Union Administration.
The NCUA today posted new frequently asked questions about the distribution that include a preliminary pro rata calculation figure and instructions for recording the distribution, available online.
The pro rata calculation figure is subject to change, and the NCUA assumes no responsibility for an eligible credit union’s accounting estimate of its Share Insurance Fund equity distribution.
Following the closure of the Temporary Corporate Credit Union Stabilization Fund and the transfer of assets to the Share Insurance Fund on Oct. 1, 2017, the NCUA Board, at its February 2018 open meeting, authorized a statutorily required Share Insurance Fund equity distribution of $736 million to eligible credit unions, to be paid in the third quarter of 2018.
OnApproach Wins CULytics Vendor of the Year Award
OnApproach, the leading provider of big data and analytics solutions for credit unions, has been recognized as the 2018 CULytics Vendor of the Year at the largest Credit Union Analytics Summit at Microsoft HQ in Redmond Washington, for achieving the highest level of performance in customer reviews and ratings on the CULytics Solutions Gallery.
CULytics online community platform is designed to help credit union data leaders maximize the value in the data analytics journey to drive real outcomes. The CULytics Solutions Gallery is the largest listing of vendor offerings that includes independent credit union reviews to help credit union professionals feel confident and save time when choosing a trusted partner in their vendor searching process. OnApproach received a 5-star rating on the Solutions Gallery with 16 independent customer reviews and was awarded 2018 Vendor of the Year.
“Congratulations to the team at OnApproach for winning the 2018 CULytics Vendor of the Year award,” stated Naveen Jain, Founder and President, CULytics. “OnApproach truly embodies the ideas of credit union collaboration and analytics, which are the same principles that inspired the CULytics community. It is a pleasure to read the comments that OnApproach clients have posted on the Solutions Gallery. The client reviews help to create a greater understanding of how OnApproach’s M360 Enterprise solution is making analytics a reality for credit unions of all sizes across North America.”
“It is an honor to be awarded the title of CULytics Vendor of the Year,” said Paul Ablack, CEO, OnApproach. “OnApproach has a vision for the entire credit union industry to collaborate across a common standardized data platform and excel with advanced data analytics. CULytics provides a great forum for credit unions to come together as a community and discuss the opportunities, challenges, and best practices regarding credit union data and analytics. Collaboration is key to the success of the credit union movement, and we appreciate the efforts made by the CULytics team to foster the collaborative environment available on CULytics.”
TruLync, a wholly-owned subsidiary of the Minnesota Credit Union Network offers OnApproach solutions to clients in a service-bureau environment. For more information, contact MnCUN Director of Business Development Kris Jacobsen by email or by phone at 651-288-5515 or toll free at 800-477-1034.