There are many aspects of the financial services industry that will be forever changed as a result of the COVID-19 crisis. One reality that has become clear: credit unions need strategies and plans to move faster so they can adapt to changes in consumer needs and evolving economic and environmental conditions.
 
Why attend:
Smart organizations are looking for new ways to infuse innovation into their DNA to survive the changes that have happened and lie ahead in our social and economic landscape. Being innovative requires viewing the world through a new lens; this event gives you that view.

And if you think your members don’t care about financial innovations, think again. According to the 2020 Credit Union Innovation Index, 1 in 5 credit union members report that they would be willing to leave their credit union for a bank if innovation was not made a priority.
 
On August 18, Filene is hosting a virtual event that is all about putting innovation into action. “Exploring New and Novel Ideas” brings Filene’s proven methodology and a 15+ year successful track record of identifying, testing and scaling the best solutions to support credit union growth and member financial well-being.
 
What you’ll learn:
By attending this event, you will learn how to put your ideas into action. Filene will be sharing:
 

• New ideas around reducing risk, higher result ways to grow your credit union and simple methods for testing what works best for you
• Early results of primary-research testing on products that generate greater member financial well-being, addresses credit union growth and fintech solutions that create a competitive advantage
• Exploring and reducing risk to address the most pressing credit union and member needs like fee income replacement and new delivery channels

 
How to attend:
Register today at filene.org/newideas. This virtual event is FREE and open to your whole team!

Join the Minnesota Credit Union Network's Strategic Alliance partner, The Baker Group, on Thursday, August 27 at 10 a.m. for a high-level  overview of economic and investment updates and how credit unions can maximize balance sheet performance in an ultra-low rate environment. An open discussion and a Q & A session will follow.

Register Today!
The Baker Group is a leader in presenting asset/liability and investment management educational programs for credit unions. Now, more than ever, it is essential that credit unions achieve a high level of knowledge and understanding in these critical areas. 

The webinar is free and will be recorded, however we do ask that you please register. Please provide us your questions in the registration form. Registered attendees will receive webinar and call-in instructions prior to the session. 

With questions, please contact Director of Engagement, Ben Hering, via email or by phone at (612) 239-0026.

Due to the ongoing COVID-19 pandemic, local gathering restrictions/health advisories and the interactive nature of programming, the National Credit Union Foundation is canceling all 2020 in-person DE Programs.
 
For 2020, the National Credit Union Foundation will be launching a virtual DE Training Program. Over its near-40-year history, the U.S. DE Program has proven to be incredibly resilient. It has been hosted across the country at universities, corporate conference centers, remote nature preserves, hotel conference rooms, and monasteries. Activities and experiences have always been shaped around each environment and offered unique learning opportunities.
 
The virtual setting is simply a new venue adapting the DE experience to meet credit unions where they are now.
 
2020 Virtual DE Trainings
​Sessions will run for four weeks with live classes being held on Monday & Tuesday of each week. Graduation will be held on the last Friday of each class. Session 1: September 14 – October 9
Session 2: October 26 – November 20
 
Upon completion of the program, participants will earn their Credit Union Development Educator (CUDE) designation.
Learn more about what DE Training will look like in our new virtual environment.
 
General registration for both virtual sessions will open on Wednesday, August 12 at 11:00 AM CT. Limited seating is available (seats will be filled on a first-come, first-served basis). If you have any questions, comments, or concerns, please contact Maggie Wolff at [email protected].

MnCUN Town Hall with U.S. Senator Tina Smith
Please join MnCUN as we host a Town Hall with U.S. Senator Tina Smith. Senator Smith will be on hand to talk about the country’s response to the COVID-19 pandemic, as well as other issues facing credit unions and their members in Minnesota and across the country.

Minnesota Primary Election Results
Yesterday, Minnesota held its 2020 primary election where political parties voted to select their favored candidates to represent them in the November election, including a full term for a US Senate seat, the entire Congressional delegation, and the Minnesota state Senate and House.​

FFIEC Issues Statement on Additional COVID-19 Related Loan Accommodations
On August 3, the Federal Financial Institutions Examination Council (FFIEC) issued a statement providing risk management and consumer protection for working with borrowers as loans near the end of COVID-19 related accommodation periods. 

Regulators Issue Alerts on COVID-19 Related Fraud
Fraudsters are continuing to use vulnerabilities created by the COVID-19 pandemic to perpetuate crimes. 

CUNA Releases Updated MLA Card Fee Spreadsheet
CUNA has updated its Military Lending Act (MLA) credit card fee spreadsheet for the second quarter of 2020. 

In partnership with CUNA, we are excited to announce the launch of Credit Unions Working for Minnesota.

The goal of the website is to demonstrate the CU Difference to candidates and elected officials ahead of the 2020 election through member testimonials.

Share Your Story Videos
To maximize the impact of this effort, we need your help. Please reach out to your Board, staff and members to encourage them to share and upload their stories to the website. CUNA has provided instructions on sharing stories.

Thanks to Ideal Credit Union and First Alliance Credit Union for providing the initial member testimonials! 

Contact, Ryan Smith, MnCUN Director of Governmental Affairs, with questions.

Build excitement around your International Credit Union Day (ICU Day) plans. Check out the ‘Inspiring Hope for a Global Community’ logo and spark ideas for your marketing initiatives this fall. 
 
Each year we come together to celebrate International Credit Union Day (ICU Day) to raise awareness about what it means for members around the world to have a credit union as their financial partner. This year's global health crisis has been trying for many communities around the world, but credit unions stayed true to their cooperative principles and stepped up during this time of economic uncertainty. Hope is a global resource that everyone has a right to feel and experience. This year's ICU Day theme “Inspiring hope for a global community” reflects how credit unions contribute to a brighter future by providing financial empowerment to people all over the world through financial services, education and support.
 
How will you celebrate ICU Day? Explore the buzz from last year's ICU Day festivities for inspiration on how to celebrate the positive impact your credit union has in the community.
 
 
International Credit Union Day is brought to you by Credit Union National Association and World Council of Credit Unions. This year's event is proudly supported by Harland Clarke.

Learn 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 Director of Communications Julia Miller.
 
Catholic United Financial Credit Union Celebrates Outgoing CEO’s Retirement
 
Affinity Plus COVID-19 Response Saves Members Nearly $4 Million So Far
 
Royal Credit Union Donates $20,000 Plus Additional Match Funds To Frogtown & Rondo Community Business Recovery Fund