The Minnesota Credit Union Network works proactively to create the environment for credit unions to grow market share and demonstrate the CU Difference. To help achieve this goal, MnCUN has established restricted funds to strengthen our advocacy efforts on behalf of Minnesota’s credit unions.
The Credit Union Advocacy 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.
Funds are employed for certain purposes, which can include grassroots mobilization and organization building; enhancing direct lobbying; influencing decision-makers through public affairs and public relations; helping to maintain Credit Union House on Capitol Hill; and supporting the National Advocacy Fund.
As a restricted fund, expenditures are governed by a committee of credit unions and MnCUN staff. Solicitation for the Advocacy Fund occurs each year in conjunction with the issuance of the Network’s annual membership dues invoice, as well as on an as-needed basis.
The Credit Union Awareness Fund is focused on increasing consumer awareness of credit unions, including but not limited to, commissioning research, working to expand 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 made in accordance with MnCUN’s strategic plan, upon recommendations by public affairs consultants, the Awareness Fund Committee members and/or the MnCUN Board. Solicitation for the Awareness Fund occurs each year in conjunction with the issuance of the Network’s annual membership dues invoice, as well as special campaign fundraising efforts.
The Minnesota Credit Union Foundation
As not-for-profit financial institutions, credit unions are focused on empowering individuals, families, and communities through financial education. The Minnesota Credit Union Foundation (MnCUF) provides grants, community partnerships, professional development and disaster relief to help the state’s credit unions and communities prosper and thrive.
Founded in 1969 by the Minnesota Credit Union Network, MnCUF is a 501(c)(3) charitable organization governed by a seven-member board of directors from various Minnesota credit unions. Solicitation for the Foundation occurs each year in conjunction with the issuance of the Network’s annual membership dues invoice, as well as special campaign fundraising efforts.
Please consider budgeting for these special funds along with dues for 2021 or contributing in 2020. We thank you for your continued support of the credit union movement, and hope you consider these important initiatives.
The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information.
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