Prior to the Capitol Hill visits during CUNA GAC, MnCUN will host a legislative issue briefing luncheon at 11:30 a.m. on Wednesday, March 1, in Room 103AB at the Washington Convention Center. Attendees will receive a full briefing on the legislative priorities of the meetings with legislators, as well as any last-minute updates on meeting location or time changes. 

​​​The luncheon is free, but we ask that you please register online.

​Minnesota Credit Union Network staff have recently been in contact with the Minnesota Department of Revenue to raise questions from credit unions on recent changes to state tax codes on withholdings from accounts like IRAs and annuities.

The global pandemic set into motion a series of historically unprecedented economic policies. Massive amounts of liquidity and stimulus from policymakers enabled a fast recovery, but at what financial cost? The side effect of those “easy money” conditions has been 40 year-high inflation that now must be fought through highly restrictive Fed behavior. Balance sheet managers have been left to deal with the resulting large swings in interest rate and liquidity risks. Quickly increasing cost of funds, stubborn loan rates, and ever-tightening margins are just a few of the most common worries for 2023. More than ever, it is critical that credit union leadership take a whole balance sheet approach, as understanding and utilizing wholesale markets (asset and funding) could significantly reduce some of these pressures. This seminar will examine the challenges now faced by CEOs, CFOs, and investment officers who must navigate the next phase of these uncharted waters.

​Join us for an in-depth discussion of the following topics:

• ​Economic and Market Update — Review of current economic conditions and the outlook for growth, inflation, and interest rates
• The Fed’s Next Moves — Update on the rate outlook and likely next steps for Federal Reserve monetary policy
• Interest Rate Risk — How to ensure you are prepared for uncertain balance sheet challenges and a constantly changing regulatory focus
• Loan/Deposit Pricing — For the first time in over a decade, we must manage both sides of the balance sheet with strong pricing strategies
• Liquidity Risk Management — Policy tools and best practices for managing liquidity risk
• Loan Participations — Purchasing participations can help you get ahead of much slower moving retail loan rates and, at a minimum, give you market intel for pricing retail loans
• Investment Portfolio Strategies — Adapting your strategy and building the “right” investment portfolio for your specific balance sheet
• Agency MBS and CMBS — How the right combination of these two asset classes can get you off of the interest rate risk roller coaster

Date: Tuesday, March 21, 2023
Agenda:
Breakfast 7:30 am
Seminar 8:30 am
Lunch 12:00 pm
Conclusion 4:00 pm
Location: 
JW Marriott Minneapolis
Mall of America
2141 Landau Lane
Minneapolis, MN 55425
Who Should Attend: Financial institutions’ CEOs, CFOs, investment officers, board members, and those who are directly or indirectly responsible for financial management functions will benefit from this seminar. There is no cost for this seminar.

7 hours of Economics and Finance CPE credits will be earned for your attendance. For more information on accommodations and to register view the event flyer.

The Minnesota Credit Union Network, in partnership with the Wisconsin Credit Union League and Montana’s Credit Unions, will be supporting another year of data analytics education through the Data Activation Series, beginning in January 2023.

Facilitated by Anne Legg, author of Big Data/Big Climb and Founder & CEO of Thrive Strategic Services, this data analytics education series offers tools and a forum to help key stakeholders fill knowledge gaps and launch their data journey with the assets they have at their credit union. *

The Data Activation Series will be offered five times throughout the year. This certification program comprises of seven classes, held in hour-long segments, to allow attendees the flexibility of participating in the series while maintaining their role within the credit union.

Members of the Minnesota Credit Union Network may participate in the program at a discounted rate of $649 using the code: MNSAVE

Data activation courses will be offered Data activation courses will be offered starting January 24 with the series being offered again in April, May, June and September.

​You can view the full 2023 Class Schedule on the THRIVE website. learn more about the program, please visit the Data Activation Series Outline webpage. 

*You do not need to be a data expert or even a math lover to leverage your data. Any credit union leader, staff or volunteer is encouraged to attend; the only criteria to attend is that you want to improve your members' lives.

With questions, please contact MnCUN Director of Engagement Ben Hering by email or by phone at 651-288-5519. 

As a credit union, your goal is to help your members achieve all of their financial needs, wants, and dreams. To reach this goal you need a team that is consistently promoting the products and services that will help your members save time and money, make more money, and bring greater levels of financial security to their life. The only problem is the member service your team provides is best described as “Order Taking” rather than “Value Creating.” Join us for two or three-day Credit Union Sales Intensive Workshops starting Feb. 14, 2023, facilitated by Nick Brown, member services guru from SalesCU. 

​The Credit Union Sales Training workshop is designed for a wide variety of credit union leaders and departments including branch, lending, and contact centers, regional and senior sales leaders, training and development professionals and even marketing staff. 

​The Credit Union Sales Training workshops will be offered throughout the year and will be conducted over the span of two or three days. Only 35 seats available per workshop. All workshops are conducted virtually via Zoom meetings.
​
Please see the Credit Union Sales Intensive Workshop webpage more information.