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|The Pulse (12-12-2017)|
Volume 6, Issue 48
Looking Back: 2017 Special Fund Initiatives
Engage and make an impact by supporting Minnesota Credit Union special funds & initiatives – Advocacy, the Foundation, and Awareness.
This fund provides resources to strongly position credit unions on the legislative and political fronts. The Advocacy Fund is proactive in nature, helping to create a strong credit union environment and augment MnCUN’s advocacy efforts. As a restricted fund, expenditures are governed by a committee of credit unions and MnCUN staff.
In 2017, Advocacy Fund dollars supported:
Minnesota Credit Union Foundation
Focused on financial education and professional development initiatives, the Minnesota Credit Union Foundation is dedicated to providing the resources for credit unions and communities to prosper and thrive. Each year the Foundation commits to fund financial education grants and professional development opportunities for credit union staff and volunteers.
The following highlights the Foundation’s efforts in 2017:
The Credit Union Awareness Fund was established to focus on increasing consumers’ awareness of credit unions through public affairs initiatives, expanding media coverage, and coordinating other visibility opportunities. Expenditures from this fund promote the benefits and value of credit unions, helping to spread the word that credit unions are the best financial choice for consumers. As a restricted fund, expenditures are governed in accordance to the Board’s strategic plan, by a newly formed Awareness Fund Committee of credit unions and MnCUN staff.
In 2017, Awareness Fund dollars supported:
Contributions to the Advocacy Fund, Awareness Fund, and the Minnesota Credit Union Foundation can be made with your dues payments. Membership packets, which were mailed last week, contain a suggested contribution amount as a guide. However, contributions of all sizes are greatly appreciated.
We thank you for your continued support of the credit union movement, and hope you consider these important initiatives.
The Network Service Corporation (NSC), a wholly-owned subsidiary of the Minnesota Credit Union Network, works to develop relationships with vendors in order to help Minnesota’s credit unions meet the financial needs of their members.
The MnCUN Solutions Directory makes it easy to find trusted vendors organized by the service provided, helping credit unions find the right partner for their needs.
“Choosing the right vendor takes time and resources,” said Network Service Corporation Vice President John Ferstl. “The Network Service Corporation provides due diligence on product and vendor partners. By negotiating on behalf of credit unions, the NSC is able to ensure access to a variety of products and services at an unbeatable price.”
With questions about the Solutions Directory, or to learn more about a specific company listed, contact MnCUN Director of Business Development Kris Jacobsen by email or by phone at (651) 288-5515 or toll free at (800) 477-1034.