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We are excited to share the upcoming launch of credit union legal services in early 2025!
CU Law Partners, a new law firm founded in partnership with MnCUN General Counsel, Dan Le, will offer affordable and expert legal representation specifically tailored to meet the unique needs of credit unions. Services will be customizable through an exclusive marketing agreement with MnCUN. This marks the start of an exciting new chapter for Minnesota credit unions, and we look forward to providing valuable legal support to help you navigate any challenges that may arise. Stay tuned for more updates as we approach the official launch! The Minnesota Credit Union Network Marketing Awards acknowledges the outstanding programs credit unions have created to grow brand awareness and market to members and nonmembers alike.
Congratulations to the recipients of the Minnesota Credit Union Network Marketing Awards! This year's competition was exceptionally strong, with many outstanding entries. The judges noted that Minnesota has a wealth of talented credit union marketers creating outstanding initiatives and campaigns that share the credit union advantage broadly! Award recipients will be recognized during ACCELERATE 25, April 21-23 at Mystic Lake. Complete Campaign Less than $100 million Federated Employees Credit Union Youth Month Grand Slam Offer $100 million to $250 million Northwoods Credit Union Mastercard Debit Card Conversion Campaign $500 million to $1 billion Ideal Credit Union Get to Know Ida, Ideal's New AI Assistant More than $1 Billion Royal Credit Union 60th Anniversary Campaign Design Less than $100 million Federated Employees Credit Union FECU 90th Logo $500 million to $1 billion Ideal Credit Union Designing for the Future - Introducing Ida - Ideal's AI assistant $100 million to $250 million Associated Healthcare Credit Union Digital Marketing Advertising Award Submission More than $1 Billion City & County Credit Union Think Pink Digital Advertising Less than $100 Million Federated Employees Credit Union Celebrate Everyday Social Media Campaign $100 million to $250 million Associated Healthcare Credit Union Digital Marketing Advertising Award Submission More than $1 billion Wings Credit Union Mortgage Loyalty Discount Offer Engagement & Outreach Less than $100 million Federated Employees Credit Union Skip A Payment $100 million to $250 million Associated Healthcare Credit Union Engagement/Outreach Marketing Award Submission $500 million to $1 Billion SouthPoint Financial Credit Union Bring Hope To Those In Need More than $1 Billion City & County Credit Union My Cause, My Credit Union Video $100 million to $250 million North Star Credit Union Star Explores Her Roots $500 million to $1 billion SouthPoint Financial Credit Union Make Money Moments More than $1 Billion Royal Credit Union Money Donuts Podcast Video Series Minn. Department of Commerce Updates for 2025: The Minnesota Department of Commerce advises credit unions to create a system for administering employees system access rights, regular reviews of employee access levels, and controls over privileged users/accounts.
NCUA Guidance on OD and NSF Fees: On December 10, the National Credit Union Administration (NCUA) issued a guidance letter on the potential consumer harm of certain overdraft and NSF fee practices, offering strategies to help credit unions manage and mitigate these risks. NCUA Final Rule on Succession Planning: On December 26, the NCUA published its final rule on succession planning for credit unions requiring that that a FICU board of directors establish a written succession plan that addresses specified positions, contains certain information and requires board of directors to regularly review the succession plan. The Fraud Summit will take place on Wednesday, March 12th at The Servion Group. The Minnesota Credit Union Network offers this in-person with expert presentations on current fraud with Q&A, preventive and remediation resources, and small group discussions for attendees to share information and resources.
Watch for more details to come. With questions, please contact Xiong Lee, MnCUN Director of Engagement. Join The Baker Group Credit Union Strategies First Quarter 2025 Webinar to learn about economic and Federal Reserve policy outlook, industry trends and regulatory hot button issues along with current investment strategy recommendations.
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When: Thursday, January 9, 2025 10:30 a.m. CT Who Should Participate: Credit Unions’ CEOs, CFOs, investment officers, board members, and those who are directly or indirectly responsible for financial management functions will benefit from this webinar. There is no cost for this webinar. Presenters: Andrew Okolski, Director of Credit Union Strategies Greg Tomaszewicz, Senior Financial Strategist Chris Dahlgren, Senior Financial Strategist CPE Credits 1.5 hour of Finance CPE Credits will be earned for your participation. *Webinars must be viewed on a desktop computer to obtain CPE credits. Participation cannot be verified for those who use tablets or cell phones. The Minnesota Credit Union Foundation is pleased to announce the following scholarship recipients. The GAC Scholarship was created to provide financial assistance to credit union staff or board directors who are members of the Minnesota Credit Union Network (MnCUN) and wish to participate in America’s Credit Unions Governmental Affairs Conference. The following applicants were awarded scholarships:
A program of the National Credit Union Foundation, Credit Union Development Educator (CUDE) Training brings renewed relevance to the philosophy of "People Helping People." This unique and transformative training provides critical lessons in cooperative principles, credit union philosophy, and development issues, while incorporating challenges credit unions face today. The following applicants were awarded scholarships:
Congratulations to our scholarship recipients! For more information on professional development grant opportunities, visit mncun.org/foundation. In 2025, Minnesota Credit Unions will celebrate the 100th anniversary of the first state-chartered credit union in Minnesota. The first credit union in Minnesota was organized for Minneapolis postal employees in the spring of 1925 with $146.25 in assets. Today there are over 2.2 million credit union members in Minnesota representing $41.8 billion in assets. Together, we've built a legacy of trust and opportunity.
Throughout 2025, we will gather, share and celebrate Minnesota’s credit union history. We will actively collaborate with lawmakers. We will advocate for our communities. We will welcome new members. And we will honor the people — the members, the volunteers, the employees — who have made this journey possible. Join us in the celebration!
The Minnesota Credit Union Network’s (MnCUN) Board of Directors met last week to approve the 2025 budget and strategic plan for 2025-2027. MnCUN's Board of Directors represent the interests of credit unions of all sizes from all parts of the state.
In recognition of Deb Almirall's retirement as CEO of Minnesota Power Employees CU, the Board issued a proclamation of appreciation for her dedication to the credit union movement in Minnesota. Trina Hoff, Northern Communities CU, was appointed to fill the remainder of Almirall's term. The Board also approved also approved the MnCUN Board Election rules and teller. Chair Dana Garrett (North Memorial FCU) appointed Jay Gostonczik (SouthPoint Financial CU), Kathy Harrington (Heartland CU), and Andrea Adams (Teamsters CU) to serve on the election committee. As a member of MnCUN, you have the support of the only trade association that champions Minnesota Credit Unions, ensuring credit union priorities are front and center as we advocate, accelerate, and collaborate to ensure a thriving credit union system into the future. Please join us on Wednesday, January 15th, at 11 a.m. for a virtual presentation from Minnesota Credit Union Network staff on legislative and regulatory priorities, events and initiatives, and updates credit unions can look forward to in 2025.
This event is free, however, please register to receive webinar details. With questions, please contact Director of Engagement, Xiong Lee or VP of Communications & Engagement, Andrea Molnau, via email. |
The PulseThe Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. Archives
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