At this year’s Virtual Annual Conference, hear from our lineup of forward thinking, inspirational speakers as they share what it takes to make your credit union remarkable, how to overcome adversity, and emerge from 2020 even stronger.

Speaker Highlights include:
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The Future of Payments: How to Win in Today's Crowded Digital Marketplace
Shahar Ziv, Senior Director, Global Strategy & Growth – PayPal and Board Member – Harvard University Employees Credit Union

Fintech and digital payments are transforming the world of financial services, fundamentally reshaping the way people move and manage their money. These trends and new competition are having a profound effect on credit unions, challenging them to harness the power of innovation to create meaningful, digital-first member experiences. The new landscape poses both opportunities and risks for credit union leaders, who need to stay on the cutting edge of technology while articulating a redefined value proposition for their members.
 
Symbolic Meaning - the secret behind market dominance and take-aways for the credit union industry
Matt Purvis, MBA, CCXP, dynamic speaker and customer experience (CX) innovator focused on organizational health, development and differentiation.

Find out how America’s most beloved brands are using “symbolic meaning” to transcend their industries and crush their competition! What do these insights mean for the credit union industry today as you work to open consumers eyes to a Credit Union? This conversation will include fascinating insights in psychology, consumer decision-making, brain science and motivation theory.

7 Ways Highly Profitable CU's Calculate the Value of DEI
Ronaldo Hardy is a powerhouse speaker and executive with the personal mission, "To change the world by building people that change the world." As a purpose-driven, high-results CEO Ronaldo led Southwest Louisiana FCU (SWLFCU) to become a certified CDFI and $950,000 CDFI Award-Winner working with CU Strategic Planning.

Many credit unions are embracing the social responsibility of building diverse, inclusive, and equitable workplace cultures, but did you know it can positively impact your bottom line too? In this session, you will learn the seven ways highly profitable credit unions calculate the ROI on Diversity, Equity, and Inclusion. You'll also learn practical ways Diversity, Equity, and Inclusion can bring meaningful impact to the communities you serve.

The rescheduled conference will take place online on Nov. 18 & 19. The Registration Deadline is November 6, 2020. For more information visit the Annual Conference webpage.

The Minnesota Credit Union Network is pleased to announce that Chief Engagement and Advocacy Officer Mara Humphrey has been selected as one of Finance & Commerce’s Top Women in Finance for 2020.

“Mara uses her coalition building skills to help credit unions confront challenges and succeed in their mission as not-for-profit financial cooperatives, said Mark Cummins, President & CEO of the Minnesota Credit Union Network. “The Network congratulates Mara on her accomplishments.”

This is the 20th year Finance & Commerce will be celebrating accomplished women from around Minnesota. Mara will be profiled in the Top Women in Finance magazine and honored at a virtual event on November 19, 2020. 

According to the NCUA Quarterly US Map Review, Minnesota credit unions ranked highly for key indicators of financial health and viability.

Minnesota credit unions' median fourth quarter growth in membership increased by 0.9% – ranking 10th in the country. Median year over year loan growth was 3.5% and the median loan to share ratio was 75%.

Additionally, according to a CUNA and MnCUN survey, 89% of credit unions who responded provided modifications to consumers loans in the form of skip-a-payment or lower interest rates. 68% of credit unions surveyed provided modifications to mortgage loans and fee waivers or reductions.
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According to the Mid-Year 2020 CUNA Membership Benefits report, Minnesota credit unions provided $172,453,840 in direct benefits to their members during the twelve months ending June 2020. These benefits are equivalent to $92 per member or $197 per member household.

Minnesota Credit Union Network Releases Voter Guide 
Earlier this summer, MnCUN contacted every individual aspiring to represent Minnesota in Congress, the Minnesota State Senate and the State House of Representatives to ask them their stance on credit union issues.
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CUNA, MnCUN Support Sen. Tina Smith’s Re-Election Through Digital Ads and Direct Mail
Last week, the first in a series of digital ads to support U.S. Senator Tina Smith went live on a variety of social media outlets. The ads are part of a credit-union industry partisan communication to some credit union members in support of Senator Smith’s re-election efforts, done in conjunction with several credit unions, MnCUN and CUNA.

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.
  
Credit Union Program Incentivizes Financial Stability
TopLine Federal Credit Union Members and Employees Help Youth Get Ready for Back to School
Volkmann Earns Promotion at Affinity Plus Federal Credit Union
First Alliance Credit Union Opens New Stewartville Branch
Savanna Givens - Patience and Persistence

Thank you for your patience as we have shifted the Annual Conference from April to November, and now to a virtual event. The Virtual Annual Conference will take place on Wednesday, November 18 and Thursday, November 19, 2020.

Join hundreds of credit union professionals from across Minnesota for this interactive, online experience that delivers inspiring educational content, opportunities to network, and a virtual exhibit hall where new connections may reveal new solutions for your credit union. You’ll hear from a lineup of forward thinking, inspirational speakers as they share what it takes to make your credit union remarkable, how to overcome adversity, and emerge from 2020 even stronger.

If you already registered for the April in person event, you DO NOT need to re-register. We will reach out to your credit union about transferring your registration to the virtual event.

For a schedule, speaker listing, and sponsorship opportunities, please visit our Virtual Annual Conference page online. 

The Minnesota Credit Union Network (MnCUN), via Lockton Companies, reached an arrangement with Guardian Insurance that will allow MnCUN member credit unions to receive discounted rates on ancillary employee benefits including, Basic Life and AD&D, Short and Long-Term Disability, Dental, Vision and others. MnCUN will be hosting a 30-minute virtual meeting next Wednesday, September 30 to provide additional details on the offering and how a credit union can receive a quote. The meeting will start at 10:30 am.

Invitations for the meeting will be sent out to Presidents/CEOs and Human Resource personnel later today. If you have any questions, please contact MnCUN General Counsel, Tim Tacheny, via email or at 651-288-5517.

I​The association health plan formed for Minnesota credit unions, the Minnesota Credit Union Employee Benefits Plan, is providing insurance quotes for 2021. The Benefits Plan offers eight plan designs and eight provider networks as well as ancillary lines of coverage.

​The plan utilizes the cooperative model by allowing credit unions to come together, as if they were one large employer, to purchase employee benefits. By coming together like this, credit unions have more bargaining power, can reduce cost and risk volatility and offer more options to employees and their families.

It’s renewal season - Don’t wait. Submit your request for a proposal today. More information, including instructions on how to receive a proposal, is available on our website.