The Pulse | 2019
 

IN THIS EDITION

NETWORK NEWS

GOVERNMENTAL AFFAIRS NEWS 🔒

REGULATORY COMPLIANCE NEWS 🔒

FOUNDATION NEWS

THE PULSE ARCHIVE

MOST RECENT EDITION

   

NETWORK NEWS

Minnesota Credit Union Network Announces Exclusive State Fair Beer with Indeed Brewing and Freehouse

 

On Monday, the Minnesota Credit Union Network announced a partnership with Indeed Brewing Company and the Freehouse to create an exclusive beer for the Minnesota State Fair - The Great Minnesota Handshake, a strawberry milkshake cream ale. MORE

 

MnCUN Board of Directors Meets, Updates Chapter Boundaries

The Network’s Board of Directors represent the interests of credit unions all of sizes and from all parts of the state. MORE

 
   


Protect the Credit Union Tax Status – Resources to Share the CU Difference

As the state trade association, MNCUN works to works to ensure the success, growth and vitality of credit unions through political advocacy and awareness. MORE 🔒

 
 



The Bureau Updates Guidance on Reporting Elder Financial Exploitation

On July 17, the Consumer Financial Protection Bureau (Bureau) issued an updated advisory regarding elder financial exploitation. MORE 🔒

 

Network Seeks Feedback on Loss Payee Issue

The Minnesota Credit Union Network is seeking feedback regarding loss payees on insurance claim checks. The Network has heard of situations where the insurance company will issue a claim check without listing the lienholder as a loss payee. MORE 🔒

 
    


Meet with Emerging Credit Union Leaders In Minnesota

Whether you're new to the movement or a seasoned credit union veteran, we invite you to attend the Crew Young Professionals Summer Social on Thursday, August 15! MORE

Fall Conference Early Bird Deadline Approaching - Fri. Aug 2

The Minnesota Credit Union Network's 2019 Fall Leadership Conference will be held Friday, September 6 through Sunday, September 8, 2019, at Madden's Resort in Brainerd
MORE

 
 
   

Minnesota Credit Unions Place in Top Ten for Financial Education

The National Youth Involvement Board announced at their annual conference last week in Washington D.C., that Minnesota placed in the top ten for two categories: MORE
 
   

NETWORK NEWS


WINcentive® Quarterly Winners Celebrated Throughout Minnesota

The WINcentive® Savings Account program announced second quarter prize winners across Minnesota. MORE

 

Restricted Funds Report: Together We Make a Greater Impact

MnCUN works proactively to create an environment for credit unions to grow market share. MORE

 
 



Have Your Voice Heard – Register for Hike the Hill

Hike the Hill provides credit union representatives with an exciting opportunity to meet with federal legislators and talk about top credit union issues, face-to-face, in Washington, D.C. MORE 🔒

 
 
 

NCUA Finalize Rules Affecting Appraisals and Fidelity Bond Requirements

On July 18, the National Credit Union Administration Board (Board) approved a final rule amending the regulation of real estate appraisals.. MORE 🔒

 

New CECL FAQ Issued

The Financial Accounting Standards Board (FASB) issued a new FAQ document regarding the Current Expected Loss (CECL) standard. MORE 🔒

 
   

2020 CUNA Diamond Awards Submissions are Open!

A prestigious annual credit union industry competition, the CUNA Diamond Awards, which recognize and reward creative excellence and outstanding results in credit union marketing, is now accepting submissions. MORE
 
   

CUNA Mutual Group Survey Finds Americans Fear a Looming Recession

Middle-class Americans are less optimistic about their ability to achieve upward mobility than they were six months ago, according to new data from CUNA Mutual Group, the leading provider of lending, insurance, investment, and financial technology solutions for credit unions. MORE

 
   

Honor a Colleague with a CU Builder Award

Created in 2008, the Credit Union Builder Award honors an individual’s dedication to the success, growth, and vitality of the not-for-profit financial movement in Minnesota. MORE
 
   

NETWORK NEWS

Your Membership Further: MnCUN’s Mid-Year 2019 Activities & Accomplishments

Throughout the year, MnCUN is dedicated to accomplishing a wide variety of strategic initiatives geared toward creating an environment for credit unions to grow, under the pillars of Advocate, Educate, Inspire, and Connect. MORE

 

Demonstrate the CU Difference by Participating in CU FORWARD Day

On Monday, October 14, Minnesota’s credit unions will continue the tradition of doing what we do best – collaborating and cooperating with one another to spread kindness in the communities we serve through CU Forward Day. MORE

 

CUNA Economists Weigh in On Growing Trade Tensions in Economic Update

Credit Union National Association (CUNA) recently released the latest edition of the Economic Update, sponsored by the CUNA Finance Council. MORE

 

 
 



Make Your Members Count, Update Project Zip Code

Summer is a great time to run Project Zip Code, a secure and user-friendly program that counts your credit union members and matches them by state legislative district, congressional district, and county. Your information is completely secure with Project Zip Code. MORE 🔒

 
 


FASB Proposes to Delay CECL Implementation for an Additional Year

Today the Financial Accounting Standards Board (FASB) issued a proposal to delay the implementation date of the current expected loss standard (CECL) until January of 2023. MORE 🔒

 


ADA Case Dismissed against Aurora Policemen CU in CUNA/League Litigation Win

The U.S. Court of Appeals for the 7th Circuit dismissed a lawsuit against Aurora Policemen Credit Union citing alleged violations of the Americans with Disabilities Act (ADA) on Monday. MORE 🔒



Compliance Peer to Peer Sessions Coming to Southern Minnesota Next Week

The Minnesota Credit Union Network will be hosting peer to peer sessions on Compliance and Fraud in Southern Minnesota next week. MORE 🔒

 
 


GAC & CUDE Scholarships Available from the Minnesota Credit Union Foundation

The Minnesota Credit Union Foundation (MnCUF) provides grants and scholarships to fund opportunities for credit union professionals and volunteers to continue their education and sustain the credit union movement. MORE

 

The Foundation Scholarship Council Bids Farewell to Former Member

The Minnesota Credit Union Foundation Scholarship Council (FSC) has presented Grace Nelson of Centricity Credit Union, with a service recognition plaque for her dedication and committed on the committee. MORE

 

Miracle Treat Day – Next Thursday, July 25

Minnesota Credit Unions for Kids (CU4Kids) is encouraging credit unions across the state to participate in Miracle Treat Day. MORE

 
   

NETWORK NEWS

Register for Fall Leadership Conference

The Minnesota Credit Union Network's 2019 Fall Leadership Conference will be held Friday, September 6 through Sunday, September 8, 2019, at Madden's Resort in Brainerd. MORE

 

Join a Peer-to-Peer Session Near You

As a part of our commitment to serve all of Minnesota’s credit unions, the Minnesota Credit Union Network is continuing the Summer Series Peer-to-Peer (P2P) programming. These events will be extended versions of our P2P educational sessions. MORE

 
 
 

Minnesota Credit Unions Support Strong Legislative Representation Through Fair Share Goal

To increase the political prominence and influence of Minnesota credit unions, credit unions must have a strong and sustainable political fundraising program. MORE 🔒

 

 
 


CFPB & FDIC Host Elder Abuse Prevention Webinar

Consulting and working in partnership with law enforcement is one tactic credit unions can use to address the threat of elder fraud and financial abuse. MORE 🔒

 

Payday Lending Guide Updated

The Consumer Financial Protection Bureau has updated the Small Entity Compliance Guide for the Payday Lending Rule’s payment-related requirements. MORE 🔒

 

 
 


Upcoming Women’s Leadership Network Events

Registration is now open for two upcoming Women’s Leadership Network events: MORE

 

Fall Peer-to-Peer Session Schedule Announced

The spring Peer-to-Peer (P2P) sessions provided educational training and networking opportunities for a record number of credit union staff. The fall P2P sessions will continue the theme of in-depth topics, extended timeframes and tangible takeaways. MORE

 
   

 

Automate Financial Reporting and Analytics with BankBI

Minnesota based Ideal Credit Union wanted to automate and enhance its financial reporting. By aligning with BankBI Ideal managed to harness new technology to both automate & improve financial reporting whilst reducing risks in the process. MORE

 
   

Support Minnesota CU4Kids at the Lakes & Pines Golf and Steak Fry

Yes, it’s that time of year again! It’s the 42nd Annual Lakes and Pines Chapter, Golf and Steak Fry to be held in Hoyt Lakes, Minnesota on Friday, August 2nd, 2019. MORE

 

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

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