​​​TruLync Medicare Advisors is expanding its statewide service to Minnesota credit unions by hiring two experienced and licensed insurance agents, Amy Banker and Tammy Kausch. 

The Minnesota Credit Union Network is gearing up for CU Forward Day 2024, the annual day of giving back and spreading kindness as part of the "people helping philosophy," taking place around the state next Monday, October 14.

Here is a preview of what some credit unions are planning for the day:

• ​Farm Credit Employees FCU, CU Collaborate and the Minnesota Credit Union Network staff members are bringing joy to patients and families at Gillette Children's hospital in the form of snacks, blankets, arts and crafts and Disney movies. 
• Mayo Employees Federal Credit Union will host free document shredding, offer free seasonal flu shots, and a donation drive supporting Rochester Flyers Special Olympics. 
• My Credit Union: hosting a food drive for community partners, including VEAP and Neighbors Inc in South St. Paul.
• Riverview Credit Union: providing lunch and treats to South Saint Paul Police and Fire Departments and donating canned goods and paper products to Neighbors Inc. of South Saint Paul.
• Federated Employees CU: making blankets and donating them to “Beds For Kids” and putting together baskets for the United Way silent auction.
• Employees from Blaze CU, Expedition CU, Minnesota Catholic CU, and TruStone Financial CU, will fill three shifts at Second Harvest Heartland preparing food items to be distributed at local food shelves.

​There is still time to participate! To register your credit union's participation, please fill out this form: Minnesota Credit Union Network (mncun.org) and visit the resources page for planning tools on the CU Forward Day Resource page (login required)!

The deadline for the Minnesota Credit Union Network Marketing Awards and the state-level Dora Maxwell, Louise Herring, and Desjardins awards has been extended to Tuesday, October 15, 2024. Winners will be announced by mid-December 2024. 

• To submit a project or initiative for the Minnesota Credit Union Marketing Awards, visit the Submission Portal to get started. 
• To submit a project or initiative for the Dora Maxwell, Louise Herring, and Desjardins Awards, visit Minnesota Credit Union Network - (secure-platform.com).

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Visit the Awards page on the MnCUN website for more information about award categories and criteria. ​​For questions on the state-level programs, contact Julia Miller, MnCUN Director of Communications.

Learn more about the outstanding programs, new initiatives and well-deserved recognition received by your peers recently:

• New Medicare Insurance Option with Local Resource Tom Kuppich,
• Julie Cosgrove, Affinity Plus Federal Credit Union and Amara Mackey, Ideal Credit Union to be honored as Top Women in Finance, 
• TopLine Financial Credit Union Partners with Federal Home Loan Bank of Des Moines to Offer a New Mortgage Rate Relief Program, 
• Royal Credit Union Contributes $15,000 to Local Food Shelves in Support of Hunger Action Month,
• Affinity Plus Foundation Expands Scholarship Program with 30% Program Increase, 
• Veridian Credit Union celebrates 90th anniversary with Prizes, Kindness and Donations, ​and
• Ideal Credit Union Hires Doug Dotseth as Mortgage Loan Officer to Lead Members With Their Mortgage Lending Needs.

Got news of your own? Send stories, pitches, press releases and published articles to MnCUN Director of Communications Julia Miller.

CFPB Supervisory Highlights Wrongdoing On Auto Loans: On October 7, the Consumer Financial Protection Bureau published Supervisory Highlights announcing its findings related to illegal practices in auto financing including lender repossessions after timely payments and loan extensions. 

​CFPB Announces Rulemaking on Consumer Credit, Lease Transactions, and High-Priced Mortgages: On October 4, the Consumer Financial Protection Bureau (CFB) and Federal Reserve Board announced dollar thresholds to determine whether certain consumer credit and lease transactions in 2025 are subject to protections in Reg Z (Truth-In-Lending) and Reg M (Consumer Leasing). 

​Post Chevron Doctrine Administrative Regulatory Precedent: After the U.S. Supreme Court’s decision in Loper Bright Enterprises v. U.S. Department of Commerce, ending the 40-year old Chevron Deference Doctrine to administrative agencies, courts are starting to address the preservation of regulatory agency precedent for consideration.

Join your Twin Cities Chapter of Credit Unions colleagues for an evening of networking! The event will be held at The Burrow in Oakdale, in the Foxy’s Den Event Space. There will be one drink ticket provided per attendee, food, Axe Throwing (5 pm -7 pm), mini bowling, along with other activities included with registration. Registration deadline is Tuesday October 22nd.

What: Twin Cities Chapter of Credit Unions Networking Event
Where: The Burrow 7053 10th St N, Oakdale, MN 55128
When: October 29, 2024, 4:00 pm - 8:00 pm
Cost: $15/person 

The event is sponsored by the Baker Group, SRM, and Triverity. ​Contact Caitlin Brama at [email protected] with questions.

Nearly 150 credit union professionals, board members and sponsors attended LEAD 24 at Madden's on Gull Lake in Brainerd last week. General and Breakout Sessions throughout the event were designed for both credit union professionals and board members; focusing on leadership development, an election update and insights to accelerate credit unions. Networking and recreational activities included a golf and cornhole tournament, bingo and receptions with event sponsors. Attendees also made tie blankets for patients at Gillette Children's for donation on CU Forward Day.

​Additionally, the 2023-2024 Trailblazer Executive Readiness cohort presented their credit union case studies during a breakout session while the new cohort kicked off the 12-month program.  MnCUN’s Trailblazers Executive Readiness Training program is designed to accelerate executive level leadership skills and build credit union specific knowledge needed to succeed in our industry.

Registration is now open for Governmental Affairs Conference 2025, scheduled for March 2-6 in Washington D.C. 

The Minnesota room block is currently full but attendees can book a room through the GAC Housing Bureau, and then get on the waitlist for a room at either the Grand Hyatt or Marriott Marquis. An individual must have a current hotel reservation through onPeak to be eligible to submit a waitlist request. Should rooms become available that meet their request, a member of the onPeak team will notify that person no later than February 14, 2025. Please note that any changes after February 14th may result in a cancellation fee for the original hotel booked. Contact Ryan Smith, MnCUN Chief Advocacy Officer, if you have any questions. 

​The Minnesota Credit Union Network will provide opportunities for Minnesota attendees to network, get briefed on issues and visit with members of Congress. A tentative schedule will be shared with registered attendees in early 2025.