The Pulse 08-10-2017

Volume 6, Issue 33.5



MnCUN Welcomes Associate General Counsel, Compliance & Audit Consultant


This week, the Minnesota Credit Union Network welcomed two new employees. Becky Frederick is the MnCUN Compliance & Audit Consultant and Tim Tacheny is the organization’s Associate General Counsel.

As the Network's Compliance & Audit Consultant, Frederick will assist credit unions around the state in meeting ongoing regulatory needs and providing compliance and auditing services on a project basis. She will also work as part of a credit union's team to identify compliance issues and assist in implementing solutions.

Frederick has 17 years of experience in financial institution compliance and regulatory consulting. She has a wealth of experience in compliance training, regulatory examinations and audits, and regulatory monitoring.

Tacheny is the Network’s Associate General Counsel. In this role, Tacheny will provide daily legal compliance support to credit unions, as well as draft a variety of legal compliance publications. He will also be helping to conduct research on various legal issues, including banking laws, on behalf of credit unions.

Prior to joining MNCUN, Tacheny worked in private practice, focusing on litigation and business transactional work. He also worked as an attorney for Wolters Kluwer Financial Services in the area of banking and lending compliance.

For more information on MnCUN’s compliance and audit services, visit the regulatory compliance page of the Network website.




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.



The Credit Union Difference: Education Webinars Available

A key aspect of creating awareness about Minnesota Credit Unions is ensuring our own staff and directors have a firm understanding of the credit union difference, and the ability to articulate it to members and their own circles of influence.


MnCUN is proud to offer a free training opportunity, facilitated by the National Credit Union Foundation, that will discuss why credit unions are different, and how that translates into serving your members.


Topics include:


  • Brief Industry History
  • The difference between non-profit and not for profit
  • What’s a financial cooperative
  • Differences between banks and credit unions
  • Doing well by doing good

The free, hour-long webinar will be offered on Sept. 26 at 10 a.m. and Sept. 27 at 2 p.m. We encourage credit union staff of all levels and experience to attend. This is a great opportunity for your directors as well. Registration is available on the MnCUN education calendar online. Please contact Andrea Molnau, Director of Communications, with questions. 



Financial Educators - Update Your Contact Information

To help foster financial education relationships between schools and credit unions, the Foundation Scholarship Council (FSC) maintains a listing of credit union employees willing to provide financial education outreach. This listing is posted on the Financial Literacy Resource page of the Minnesota Credit Union Foundation website and makes it easy for schools and other organizations to find credit union employees interested in providing financial education.


To be included in FSC Financial Educators list, complete a short survey online by Thursday, August 17. With questions, contact FSC Chair Bridget Petersen or MnCUN staff liaison to the FSC Laura Whittet.


Summer is a great time to get MnCU Jr in place for Back to School

The Minnesota Credit Union Foundation is excited to provide credit unions with a financial literacy tool targeting school age children, ages 2-12.


The MnCUF has partnered with HT Mobile Apps to bring their financial education platform, Member Jr., to Minnesota. Through this partnership, MnCUF offers a Foundation branded MnCU Jr. App to members throughout the state at no charge. The Foundation also has great options for credit unions to brand the application at discounted rates.


The Foundation version consists of 6 sections including:


  • My Accounts
  • Games
  • Chores
  • Goals
  • Lessons
  • Achievements

There are 3 custom versions of the platform available, Base, Enhanced and Custom. The different levels allow each credit union to work within their budget. View a video overview of app features. Sign up at Please contact Andrea Molnau, Executive Director, with questions.

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

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