The Pulse 05-18-2017

Volume 6, Issue 20.5



The Filene Research Institute Seeks Credit Union Innovators for i3 Program

The Filene Research Institute is seeking applicants from the United States and Canada to participate in its i3 innovation program, an intensive, twenty-four-month curriculum designed to generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market.


As part of the application process, 40 applicants will be selected to participate in Filene i3 “try-outs” where they will be paired with an i3 alumnus and assigned a challenge. The teams will be taught a portion of The Filene Method and be asked to develop and pitch an innovative solution to the challenge. Try-outs take place over the course of 6 weeks and are conducted virtually. Approximately 15 top performers will be welcomed to the 2017 Filene i3 class. Filene will announce the selected participants this fall.


Candidates must be employed at a credit union in a role other than CEO. Most accepted candidates currently work at the management or executive level and are considered a leader or future leader in the credit union system. Credit union employees with a demonstrated track record of creativity and a desire and ability to influence change are encouraged to apply. Interested applicants can apply online through May 31, 2017.



See Your Membership@Work

While the Minnesota Credit Union Network works hard to keep credit unions informed about the work of MnCUN and the Credit Union National Association through newsletters, emails, phone calls, and in person meetings, on a quarterly basis we publish Membership@Work to give credit unions a snapshot of the activities, efforts and results of the state and national associations. 


A digital version of the Spring 2017 Membership@Work is available online. Member credit unions will also receive a printed version in the mail.




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.




Women’s Leadership Network Summer Education Session in Duluth

The Minnesota Credit Union Women’s Leadership Network will be holding a meeting in conjunction with the 2017 CEO Conference on Wednesday, June 7, in Duluth. The WLN meeting will be followed by a joint education session and a reception with CEO Conference attendees. The event is open to women of all levels within the industry and provides a unique opportunity to network and meet with credit union leadership.


The Minnesota Credit Union Women’s Leadership Network is a local chapter of the Global Women’s Leadership Network established to further Global Women’s Leadership Network’s global mission by making a local impact. The purpose is to convene Minnesota’s women credit union professionals, discuss credit union issues, exchange ideas, network with neighboring credit union leaders, and share lessons learned with Global Women’s Leadership Network members worldwide.


Full event details and registration is available on the MnCUN education calendar online.


For more information about the Minnesota Credit Union Women’s Leadership Network visit the group page online. With questions, contact MnCUN Vice President – Governmental Affairs Mara Humphrey by email or by phone at (651) 288-5523.



Crew invited to Tour the Governor's Residence

The Governor's Residence in St. Paul hosts six days of public tours annually. The Minnesota Credit Union Network has arranged for members of the Crew Young Professionals Group to tour the residence on Tuesday, July 25. The tour will begin at 10:50 a.m. and last approximately 45 minutes.


The Crew is a group for young professionals – under 40 years old - working in the credit union movement in Minnesota. The Minnesota Credit Union Network hosts special sessions for Crew members at major MnCUN events as well as standalone Crew education sessions, happy hours, and volunteer opportunities throughout the year.


Participation is limited to the first 14 registrants. Event registration is available online.



Minnesota Credit Union Foundation Announces Spring Financial Education Grant Awards

The Minnesota Credit Union Foundation (MnCUF) recently awarded six financial education grants totally $12,500 to assist credit unions in Minnesota with implementing financial education projects.

The following are the Spring 2017 Financial Education Grant recipients:

  • Co-op Credit Union of Montevideo will participate in the Credit Union Network for Financial Literacy - The Bernstein Bears Financial Literacy Program to introduce money concepts in schools & communities for young learners.
  • Hiway Federal Credit Union will establish two additional student branches at Harding and Como Park Sr. High Schools. Hiway will be hiring 10 students through the City of Saint Paul’s Right Track program to participate in this initiative, and students will be able to learn how to build, market and manage their branch from the ground up.
  • Minnco Credit Union will develop and host a Financial Education Fair that will be open to all high school and college students in east central Minnesota. Participants will present a project based on financial literacy topics.
  • Minnesota Power Employees Credit Union will partner with two other local agencies to provide a financial education series specifically tailored to survivors of domestic abuse. There is a growing need in the area, and agencies have noted that survivors need specialized information, as most have been controlled with financial “punishments” and have a skewed/unhealthy relationship with finances and money.
  • TopLine Federal Credit Union will sponsor the Power of Produce (PoP) Kids Club at the Maple Grove Farmers Market. The Power of Produce (PoP) Kids Club teaches children about making healthy food and financial choices. In 2017 the Maple Grove Farmers Market is looking to expand the program and serve more families.
  • United Educators Credit Union hosted a seminar "Financial Wellness for Women" for women who are single, single parents, women who manage their family finances, and working women whose income is low and/or are at or near poverty level.

The Foundation Board of Directors evaluates applications based on a variety of factors, including credit union value, community impact, collaboration, and creativity.

For more information, including prior grant recipients, see the MnCUF financial education grant webpage.


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

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