By: TruStage and Children’s Miracle Network Hospitals Staff. This article is provided through MnCUN's partnership with TruStage.

TruStageTM, a leader in providing insurance and financial services to credit unions and their members, is proud to announce its new sponsorship agreement with Children’s Miracle Network Hospitals® (CMN Hospitals). As a part of the new agreement, TruStage will commit $392,500 to CMN Hospitals through Credit Unions for Kids (CU4Kids), the charity of choice for the credit union industry. The dollars will be used to sponsor nine events across the country, aimed at raising funds and awareness for the treatment and care of children in local hospitals.

"We are honored to support the incredible work of Children’s Miracle Network Hospitals and the credit union industry through Credit Unions for Kids," said, TruStage Executive Vice President Sales and Marketing, Tammy Schultz. "This contribution is a testament to our dedication to make a positive impact in the communities we serve. By sponsoring these nine events, we hope to help raise vital funds and awareness for children’s health—a critical concern for both TruStage and credit unions.”  

TruStage will help raise $7.5 million in 2025 through these nine events. More than 200 credit unions participate in these events and over 125 hospitals will benefit from the funds raised.

John Bratsakis, President and CEO of MD|DC Credit Union Association and Chair of the CU4Kids Advisory Board adds, “Our industry would not be able to put on events like the Credit Union Cherry Blossom Run and others, without the support of our long-term and trusted partner TruStage. We are very grateful for their long-term commitment and support.”

Credit Unions for Kids is a national collaboration between credit unions and CMN Hospitals that raises funds to support pediatric healthcare services. These donations fund life-saving treatments, research, medical equipment, and support programs for children.

The sponsorship of the nine upcoming events will provide critical financial support to hospitals in various regions of the country, directly benefiting children and families in need.

"We are extremely grateful for TruStage’s generous contribution," said Kristen Schavemaker, Chief Programs and Foundation Partnerships Officer at CMN Hospitals. "Their sponsorship plays a crucial role in advancing our mission to provide the best possible care for children in need. These events will make a real difference in the lives of millions of children across the nation."

​Over the last 25 years, TruStage has contributed close to $1.9 million to CMN Hospitals.

We can’t wait to see you at ACCELERATE 25 – our biggest event yet, and a celebration 100 years in the making! Registered attendees and exhibitor will receive more details via email later today. In the meantime, here are a few highlights:

🏆 Visit the Celebration Booth 
​Celebrate our award winners at Booth #215 in the Minnetonka Ballroom. Check the award schedule for your pickup/photo time! 
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🎉 100th Anniversary Party – Tuesday Night 
Celebrate a century of credit union impact at our 1925-inspired party! The event includes Dinner stations, awards, live music by The Covers and is included with your registration. Dress in your best Roaring Twenties look! 


📱 Event App 

• Visit the app store on your phone and search “Minnesota Credit Union Network.” 
• Once downloaded, choose the “more” icon in the lower righthand corner of the app. 
• Select “Events” in the menu provided and choose “ACCELERATE 25.” 

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📣 Get Social 
Join the conversation using #ACCELERATE25 and follow us:  
Facebook: @MinnesotaCreditUnions 
Instagram: @mncreditunions 

It’s being reported in several outlets this morning that the White House has fired NCUA Board members Todd Harper and Tonya Otsuka. MnCUN is working to ascertain the accuracy of the reporting and we’re also trying to determine the short- and long-term impacts of the move.

​At the very least, without a sufficient number of Board members to constitute a quorum, the NCUA will have extremely limited ability to shift policies until such time as new members are confirmed by the Senate.

​This will also undoubtedly be challenged in court, and it will likely be months, if not years, before we know the final results. We'll provide more information as it becomes available

U.S. District Court Judge Approves CFPB Settlement Over Credit Card Late Fees: Yesterday, a U.S. District Court judge approved the CFPB's settlement in a lawsuit where it agreed to vacate its credit card late fees final rule that set a cap on overdraft protection programs. 

Weekly Legislative Update: Budget Progress, CFPB Rule Overturned, and State Deadlines: The House narrowly passed its budget resolution Thursday morning in a 216-214 vote, following Senate approval. This marks a major step in the federal budget process, allowing Congress to begin working on the formal budget reconciliation package. 

The National Association of State Credit Union Supervisors (NASCUS) and the Minnesota Department of Commerce invite you to join the first-ever, industry-wide, in-person networking event for state- and federal-chartered credit unions. 

Minnesota Industry Day provides credit unions, stakeholders, and partners with chances for networking, education, cooperation, exposure, and access to resources. This all-day, face-to-face event allows credit union leaders, board members, and committee members to work together to address challenges, exchange best practices, and grow their professional connections with industry partners in the ever-changing landscape of national trends and developments. 
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During this in-person event, board members, committee members, and credit union management will have the opportunity to:

• Expand on skill development: Educational training designed to teach participants new skills and provide them with the tools they need to succeed in this complex industry. 
• Grow your professional network: NASCUS events are great places to meet and connect with other credit union professionals and exchange ideas. 
• Stay current with industry trends: Our industry is constantly evolving, and we can help you stay up to date with the latest national trends and developments.

 
Register today. Space is limited
Click here to Register or visit the Networking & Professional Development tab on NASCUS.org
 
Date: Tuesday, July 1, 2025
Location: Securian Financial Club at CHS Field,
360 North Broadway Street, Saint Paul, MN 55101
Participation Fee: $199 for NASCUS/MN CU Network Members and $299 for Non-Members
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Questions: Please contact Isaida Woo at [email protected] with any questions or concerns.

The Minnesota Credit Union Foundation Scholarship Council (FSC) is requesting your support for our annual Silent Auction fundraiser to benefit our scholarship program!

​​​Our annual Silent Auction will be held April 22 & 23, 2025 at the Mystic Lake Center in Prior Lake. As a signature event of the Minnesota Credit Union Network’s ACCELERATE conference, hundreds of credit union employees and their affiliates will bid on auction items. All money generated from this fundraiser goes directly to students through scholarships. Our goal is to raise $15,000! Visit the FSC Page for more details.

We hope you will consider a donation of either a silent auction item, or a monetary/cash donation to help make our goal a reality! Your support is greatly appreciated, and any donation you make is an investment in the youth of Minnesota.

Contributions:

​Cash donations: Please submit with a contribution form to the address below. Checks should be made payable to: Minnesota Credit Union Foundation; with “FSC” in the memo line or donate online.
Foundation Scholarship Council
Minnesota Credit Union Foundation
555 Wabasha St N, Suite 200
Saint Paul, MN 55102
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Item donations: Please submit with a contribution form as soon as possible for our records. The item can be sent to either the address below no later than Wednesday, April 16, 2025, or deliver in person at the FSC Silent Auction booth any time Tuesday morning, April 22, 2025.
Minnesota Credit Union Network
Attn: Xiong Lee
55 Wabasha Street N, Suite 200
St. Paul, MN 55102

U.S. House Financial Services Committee Passes Legislation on Stablecoin, Small Business Lending and Opposing CBDC: Last week, the House Financial Services committee held a marathon, 13-hour, legislative markup, passing a number of bills that will touch on areas of interest for credit unions. 

Don't Tax My Credit Union Toolkit Available: As Congress considers taxes, removing the not-for-profit status would severely jeopardize credit union's ability to serve their members.