- About Us
- Governmental Affairs
- Professional Development
- News & Information
- Products & Services
|The Pulse | 05-24-2018|
Volume 7, Issue 21.5
U.S. Congress Passes Historic Regulatory Relief Bill
On Tuesday, the U.S. House passed S. 2155, the bipartisan Economic Growth, Regulatory Relief and Consumer Protection Act. The bill is now with the President for his signature. The bill contains significant regulatory relieve measures and is considered a major legislative win for credit unions.
Specific regulatory relief provisions in S. 2155 will:
“Through the Minnesota Credit Union Network’s GrassRoots Education & Action Team (GREAT) and the Credit Union National Association’s (CUNA) Member Activation Program (MAP), Minnesota’s credit unions sent over 3,160 messages to Congress in support of the legislation,” said MnCUN Director of Governmental Affairs Ryan Smith. “Those messages, combined with over 60,000 messages from across the nation, show the strength of the CUNA-league system and the impact of credit union’s advocacy efforts.”
“I want to thank everyone who took the time to meet with our Congressional delegation, write letters to the editor and respond to messages from MnCUN in support of S. 2155," said MnCUN President and CEO Mark Cummins. “Your effort, in combination with fierce advocacy from governmental affairs staff at the state and national level, strengthens credit unions and provides common sense regulatory relief with direct benefit to credit union members.”
With questions about S. 2155, contact MnCUN Vice President - Governmental Affairs and Association Services Mara Humphrey.
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 Director of Communications Laura Whittet.
New in 2018, the Summer Series is an extended version of the Minnesota Credit Union Network Peer-to-Peer (P2P) education sessions. Each regional event will include a full day of P2P sessions focused on specific credit union topics and departments along with a MnCUN orientation and lunch.
Mark your calendar to attend the Summer Session near you:
Individual Summer Series topics, schedules and registration will be made available shortly. With questions, contact MnCUN Director of Engagement Ben Hering by email or by phone at 651-288-5519.
36 Minnesota Credit Union Professionals To Receive Financial Counseling Certifications
Today, 36 professionals representing 12 of Minnesota’s credit unions begin financial counseling training through a program supported by the Minnesota Credit Union Foundation (MnCUF). The Enhanced Financial Counseling Certification Program (FiCEP) is a unique partnership between MnCUF, the National Credit Union Foundation's REAL Solutions program, the Credit Union National Association Center for Professional Development, and credit unions to train staff to give professional financial counseling and education to help members better prepare for their future and to assist when they are faced with financial difficulties.
“Credit unions are dedicated to improving their members’ lives,” said Minnesota Credit Union Foundation Executive Director Andrea Molnau. “We at the Minnesota Credit Union Foundation are proud to provide training that will help them do just that.”
Following successful completion of program curriculum and proctored exams, participants will be certified as Credit Union Certified Financial Counselors ready and able to assist credit union members reach their financial goals.
The Enhanced FiCEP program is being offered to credit unions in the state at a discounted rate through a Minnesota Credit Union Foundation grant. Complete program information is available on the Minnesota Credit Union Foundation website.
2018 Financial Education Grants Available
The Minnesota Credit Union Foundation (MnCUF) Financial Education Grants support credit unions’ implementation of financial education projects. Grant applications are evaluated by the Minnesota Credit Union Foundation Board of Directors and evaluated on factors such as credit union value, community impact, collaboration, and creativity.
Financial education initiatives may include projects in the following areas:
This year, there will be one extended grant application period rather than two shorter application periods. Applications are being accepted through July 31 and awarded in late August. Applications are available on the Minnesota Credit Union Foundation website.
With questions, please contact the Minnesota Credit Union Foundation.