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The Pulse

LEAD 22 Convenes Credit Union Leaders

9/21/2022

 
120 credit union professionals and board members attended LEAD 22 at Madden's in Brainerd. General and Breakout sessions featured industry experts providing insight and relevant information on top credit union issues. Sessions throughout the weekend were designed for both credit union professionals and Board members.

​​Speakers included:
  • Paralympian Gold Medalist and author, Mallory Weggeman,
  • Elliot Eisenberg, the "Bowtie Economist" with an Economic Update;
  • former news anchor and cofounder of I.E. Network and BringMeTheNews Rick Kupchella speaking on the Accelerating Pace of Innovation;
  • Filene’s Christie Kimbell shared new research on the Changing Climate for Credit Unions; and
  • Breakout speakers Anne Legg of Thrive Strategic Services facilitated a Data Strategies Panel, and Becky Garton of CUNA Mutual Group shared an Emerging Risk Outlook.

​Other highlights include:
  • The inaugural cohort of Trailblazers Executive Readiness program completed the 12 month program, while a new cohort kicked off the 2022-2023 program.
  • Attendees and guests gathered at Madden's new Outdoor Pavilion for a barbecue on Wednesday night. The Golf Tournament, Bingo and Cornhole tournament returned on Thursday afternoon.
  • The Minnesota Credit Union Women’s Leadership Network is hosted coat and winter gear drive for the local area nonprofit  Kinship Partners.

​Thank you again to our sponsors, and we look forward to gathering again in Brainerd next fall!

Minnesota Credit Unions Demonstrate Financial Stability and Growth

9/21/2022

 
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​According to National Credit Union Administration’s (NCUA) Quarterly U.S. Map Review, Minnesota credit unions experienced solid performance along key indicators, including median annual asset growth, median annual and deposit growth, membership growth and positive year-to-date net income during the second quarter of 2022. Highlights of the Quarterly Map Review include:
  • With $37 billion in assets, Minnesota credit union assets grew 6.9% above the median annual growth rate of  4.2.2%.
  • Membership at Minnesota credit unions grew 0.5% in median year-over-year member growth, ranking 13th in the nation and above the national average of -0.4%. 
  • Annual deposit growth was 7.7%, ranking 7th nationally.
  • 96% of Minnesota Credit Unions had positive year-to-date net income, ranking third in the nation.
​
According to the NCUA, credit unions in Minnesota are now serving nearly 2.1 million members. ​In 2019, MnCUN embarked on a goal to increase the percentage of Minnesotans belonging to a credit union to 50% by 2030. MnCUN analysis of NCUA shows that credit union membership continues to increase, and as of June 2022, is 35.5%.

Minnesota Credit Union Leaders Meet with Members of Congress in Washington D.C.

9/21/2022

 
This week, as part of the Minnesota Credit Union Network’s annual Hike the Hill, credit union staff and volunteers from across the state are meeting with the Minnesota Congressional delegation to discuss issues of importance to the credit union industry. 

"Hike the Hill is a critical part of the Network’s federal legislative advocacy,” MnCUN’s Chief Advocacy and Engagement Officer Mara Humphrey said. “Meeting with elected officials and their staff to share the effects of policy decisions have on credit union members really helps to personalize the issues."

During Hike the Hill, two pieces of legislation of significant interest to credit unions were introduced in Congress:
  • The Expanding Financial Access for Underserved Communities Act: this bill would be would be the first significant update to the Federal Credit Union Act since 1998 and would make access to financial services more equitable by ensuring that all federal credit unions can serve more communities nationwide.
  • The House companion bill to Credit Union Competition Act, which would allow merchants to route payments through an unaffiliated network. CUNA issued an action alert calling on credit unions to send messages of opposition to Capitol Hill and launched a Member Activation Program (MAP) campaign encouraging credit unions to activate their members in opposition. 

Trailblazers Receive the Minnesota Credit Union Executive Leadership Certification

9/21/2022

 
MnCUN is pleased to announce our inaugural cohort of Trailblazers completed the 12-month program and received their Minnesota Credit Union Executive Leadership Certification. The Trailblazer Executive Readiness Program is designed to accelerate executive level leadership skills and build credit union specific knowledge needed to succeed in our industry. Session topics included Leadership Skills, Credit Union Financials, Credit Union Operations, and Strategic Planning & Growth. Final projects were presented and certificates awarded at a celebration last week in Brainerd. 

​
Congratulations to the following individuals:
  • Accentra Credit Union: Mandy Anderson, Branch Manager
  • Affinity Plus Federal Credit Union: Jacquie Twedt, Director of Operations
  • Affinity Plus Federal Credit Union: Manuela Keeling, VP Branch Services
  • Building Trades Federal Credit Union: Lori Carbajal, VP Human Resources
  • Catholic United Financial Credit Union: Justin Houle, Director of Finance
  • City & County Credit Union: Bailey  Germain, Vice President -  Marketing
  • Financial One Credit Union: Caitlin Brama, Branch Manager
  • First Alliance Credit Union: Jenna Taubel, Director of Brand & Digital Member Experience
  • Hiway Credit Union: Brianne Meszaros, Vice President of Branch Operations
  • Hiway Credit Union: Andrew Deans, Mortgage Servicing Manager
  • Hiway Credit Union: Sarah Pedersen, Indirect Lending Underwriter
  • Magnifi Credit Union: Jodi Maus, Training and Development Manager
  • Members Cooperative Credit Union: Neil Sample, Vice President of Commercial Lending
  • Mid Minnesota Federal Credit Union: Nate Olson, Regional Manager
  • Minnco Credit Union: Anita QuagliaGanje, Director of Member Experience
  • Minnesota Power Employees Credit Union: Cory Ouellette, AVP of Member Experience
  • NorthRidge Community Credit Union: Nicholas Mathiowetz, President/CEO
  • Novation Credit Union: Terry Kahle, Vice President of Finance/CFO
  • Red Wing Credit Union: Stacey Hinrichs, CFO
  • Royal Credit Union: Geoff Bullock, EVP
  • South Metro Federal Credit Union: Scott Iblings, VP-Finance
  • South Metro Federal Credit Union: Denise Meinert, VP of Member Service and Marketing
  • South Metro Federal Credit Union: Kerri Barsness, Vice President of Lending
  • SPIRE Credit Union: Dylan Gergen, AVP Accounting & Finance
  • TopLine Financial Credit Union: Vicki Roscoe Erickson, Senior Vice President, Marketing & Communications
  • TruStone Financial Credit Union: Jill Schaffler, Vice President, Front Office Applications
  • TruStone Financial Credit Union: Mayka Thao, VP Global Planning & Delivery
  • Wings Financial Credit Union: Abbie White, Corporate Partnerships - Business Development
  • Wings Financial Credit Union: Jake Weinand, Corporate Counsel

GWLN's Executive Readiness Summit, October 26-28, 2022

9/21/2022

 
Executive Readiness Summit Banner Image
Where are you in your leadership journey? Grow your professional toolkit, learn about the coaching approach in leadership, claim or reclaim your personal power, learn how to create your own board of advisors and boost your leadership presence in a hybrid world, all while connecting with a network of other women transforming leadership. 

Check out the AGENDA and REGISTER TODAY! 

WHERE: Hosted by Civic Federal Credit Union and Local Government Federal Credit Union in Raleigh, North Carolina, the summit is back in person.
WHEN:  October 26-28, 2022
COST:  $800 per person and includes:
  • Complimentary one-year GWLN membership
  • Day One: Networking, welcome reception and dinner
  • Day Two and Three: Workshops, breakfast/lunch
  • Complimentary bonus: Hone your coaching skills in 2023 with access to quarterly coaching refresh webinars with eLeadership Academy in 2023.
Register Now

Join the Accounting & Finance P2P: Tues., Oct. 18

9/21/2022

 
The fall Accounting & Finance P2P session will be an open format conversation with credit union peers around economic trends, CECL and financial projections that could affect credit unions in the future. This event is meant to be an opportunity to meet and share with one another. 
​
Date: October 18 
Time: 1:00-3:00 p.m. 
Location: Webinar/Video Conference  
​Cost: $49

Webinar and call in instructions, along with recordings, session materials and resources, will be provided to registered attendees.

For a list of all P2P sessions, visit our Peer-to-Peer (P2P) webpage. With questions, please contact MnCUN Director of Engagement Ben Hering by email or by phone at 651-288-5519.
Register Now

Credit Union Professionals to Participate in Second Year of Tristate Mentorship Match Program

9/12/2022

 
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73 participants from three states were selected to participate this year’s Tristate Mentor Match - a 12-month formal mentorship program developed in partnership by the Minnesota Credit Union Network, Montana’s Credit Unions and the Wisconsin Credit Union League. The program is designed to build, grow, and support professionals and inspire commitment to a career in the credit union movement. 

“Mentoring is a cost-effective, valuable tool for developing the credit union movement’s most important asset, our people,” said Mark Cummins, President of the Minnesota Credit Union Network. “We are thrilled at the success of the first year of the collaboration, and are pleased to see even more participants in this second year of the program.”

​37 pairs will meet monthly for the next year, supported by a program guide, check-ins from league staff, and additional resources to help maximize the experience for both the mentee and mentor.

Congratulations to the Minnesota Credit Union Network participants:
  • Jasmin Scott, Anoka Hennepin, Mentee
  • Nicole Hesley, Anoka Hennepin, Mentee
  • Justin Houle, Catholic United Financial, Mentee
  • Michael Rosek, First Alliance, Mentor
  • Melissa Gehl , Leading Edge, Mentee
  • Nathan Dormody, Heartland, Mentor
  • Andrew Deans, Hiway, Mentor
  • Brianna Jensen, Hiway, Mentee
  • Sharon Wingate, Hiway, Mentee
  • Loriel Kral-Boemer, Hiway, Mentee
  • Jodi Maus, Magnifi Financial, Mentor
  • Ralph Hamann, Members Cooperative, Mentor
  • Steve Ewers, Members Cooperative, Mentor
  • Anita QuagliaGanje, Minnco, Mentor
  • Christopher Goebel, Minnco, Mentor
  • Charlie Yenni, Northern States Power - St. Paul, Mentor
  • Jodi Lunke, Northwoods, Mentee
  • Andrea Hawkins, Northwoods, Mentee
  • Courtney Bartlett, Proctor, Mentee
  • Brittany O'Malley, Royal, Mentee
  • Jack Livingston, Royal, Mentee
  • Phillip Kopischke, SharePoint, Mentor
  • Bridget Petersen, SPIRE, Mentor
  • Justin D Burleson, SPIRE Mentor
  • Carla Hansen, TopLine, Mentor
  • Brandy Claussen, TopLine, Mentee
  • Jake Weinand, Wings Financial, Mentor
  • Kelly Bechard, Wings Financial, Mentor
​
​
The Tristate Mentorship Match is sponsored in part by Alloya Corporate Federal Credit Union, Corporate Central Credit Union, and Millennium Corporate Credit Union.

Minn. CU Leaders Convene for LEAD 22 in Brainerd

9/12/2022

 
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Nearly 130 credit union staff, board members and guests will meet at Madden's on Gull Lake on Wednesday to focus​on all things leadership, featuring industry experts providing insight and relevant information on top credit union issues. Sessions throughout the event are designed for both credit union professionals and Board members. 

​​​With educational sessions and recreation opportunities, this event will be an opportunity to come together in person with your credit union colleagues for a conference of learning, networking, and fun!
Event App
Attendees will have exclusive access to the conference mobile app page, which will include schedules, speaker and session details, attendee engagement and information about our supporting partners! Below are the details you’ll need to get set up.

Download and Login Details
  • Visit the app store on your phone and search “Minnesota Credit Union Network.”
    Download and open the app once complete.
  • Log into the app with the email you use to log into the mncun.org site.
  • Follow the prompt to retrieve the passcode, which is sent via email.
  • Tap the profile avatar at the upper right-hand corner of your screen to ensure your profile is connected.
  • Choose the “more” icon in the lower righthand corner of the app screen. (should appear with three dots)
  • Select the “Events” option in the menu provided and choose, “September 14-16, LEAD 22”
  • Once the event has loaded, make sure you are logged in to access the full range of app features. 

Have something to share about the event? We’ll be using #MNCUNLEAD on social media. Be sure to follow MnCUN on Facebook (@MinnesotaCreditUnions), Twitter (@mncreditunions), and Instagram (@mncreditunions).

Applications to Crash the GAC Now Open

9/12/2022

 
Take a deep dive into the world of credit union advocacy with more than 50 other Crashers at the biggest event of the year - your career will never be the same! 

​
The Cooperative Trust, CUNA and your state leagues and associations are joining forces to get at least one Crasher per state and D.C. to the 2023 CUNA Governmental Affairs Conference (GAC). 

This is the premier credit union advocacy event of the year and crasher spots are limited and coveted. We're looking for the brightest talent and those who are passionate about serving others through cooperative finance. 

Crashers receive free conference registration from CUNA. Travel, lodging, and food costs are the responsibility of the Crasher and their credit union. The MnCU Foundation’s GAC Scholarship or Professional Development Grant may be used to supplement the cost.  
​
Submit your application by 11:59PM CST on Friday, December 2.
Apply Now
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    The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. 

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