The Pulse |
Invest in the Community Investment Fund (CIF) or Charitable Donation Account (CDA) to support the improvement of member financial well-being. These unique investments provide credit unions the opportunity to donate a portion of the earnings to both the Minnesota Credit Union Foundation and the National Credit Union Foundation. Investment options are available through several corporate credit union partners, and include Certificates of Deposit, Money Market accounts, or CIF Securities Options.
These earnings help to fund grant programs that support initiatives designed to directly improve the lives of credit union members. Services include financial literacy education, professional training, and emergency assistance – on both the state and national levels. For more information on how the CIF and CDA programs work, please visit the National Credit Union Foundation website or contact Andrea Molnau, Executive Director, Minnesota Credit Union Foundation by email or by phone at 651-288-5527.
The Minnesota Credit Unions for Kids Committee has announced the 28th Annual Best Ball Golf Tournament! Join and support the CU4Kids on Thursday, June 15, 2023 at the Refuge Golf Club in Oak Grove.
The Minnesota CU4Kids Golf Tournament, founded in 1995, supports Children’s Miracle Network/Gillette Children’s Specialty Healthcare in St. Paul. Over the years the event has raised over a half-million dollars for the credit union-sponsored cause. Please see the Event Flyer for more information on sponsorships. Contact Marty Kelly via email with questions. 28th Annual Credit Unions for Kids Golf Tournament Thursday, June 15, 2023 Refuge Golf Club | Oak Grove, Minn. 11:00am – Registration/Box Lunch 12:00pm – Shotgun Start 4:30pm – Social Half-Hour 5:00pm – Awards Dinner The Enhanced Financial Counseling Certification Program (FiCEP) teaches credit union staff how to counsel members so they can budget better, smartly save, pay down debt and plan for the future. Obtaining the training and associated credentials allows your credit union to differentiate itself from other financial institutions and be more confident in helping members build a stronger financial future.
The cohort-style training consists of 8 tutorial webinars, exam preparation, proctored exam, and program development training - taking place between June and September. Upon completion, participants will receive the Certified Credit Union Financial Counselor (CCUFC) designation. Attending the webinars live provides the opportunity to participate in discussion; however, they will also be available as a recording. On average, students should expect to spend approximately 30 minutes studying each chapter, 60 minutes participating in each webinar, and additional time as needed to review the materials before the exam. The last training session following the proctored exam is designed to help you develop a detailed vision and plan for financial counseling at your credit union. Cost: $479 per participating student Registration Deadline: Friday, April 28 As a central part of its mission to provide resources for credit unions and communities to prosper and thrive, the Minnesota Credit Union Foundation (MnCUF) has generously committed funding to help support the cost of the program for another year. The program is provided in partnership between CUNA's Center for Professional Development (CUNA CPD), CU Difference, and a collaboration with the Minnesota, Wisconsin, and Montana Credit Union Foundations. Contact MnCUF Executive Director Andrea Molnau with questions or visit the Enhanced FiCEP page. Recently, four individuals were honored as Credit Union Builders in recognition of their service to the credit union movement in Minnesota.
Created in 2008, the Credit Union Builder Award honors an individual’s dedication to the success, growth, and vitality of the not-for-profit financial movement in Minnesota. Dedications are typically made at a time of significance to acknowledge an individual’s contributions to credit unions. Keith Hauge was honored by Ideal Credit Union in recognition of his retirement from its Board of Directors. He has been a champion for Ideal Credit Union members for more than 40 years through his volunteer leadership on the Ideal Credit Union Board of Directors – including serving as board chair from 2014-2019. Keith actively advocated for the credit union movement meeting with elected officials in Minnesota and Washington D.C. to educate and engage them in policies that benefit members. Affinity Plus Federal Credit Union honored Debra Hurston, Association for Black Economic Power, as a Credit Union Builder for work leading the establishment of Minnesota's first Black-led community credit union dedicated to addressing the needs of the residents who live, work, or worship in Hennepin and Ramsey counties. Debra is tirelessly and patiently lead all aspects of building Arise Community Credit Union: raising seed funds, recruiting board members, setting up governance, securing advocacy, creating a charter and business plan, hiring a CEO, and more. She’s partnered with dozens of local and national industry and community leaders – including Affinity Plus. She’s an emerging and significant positive force for the credit union philosophy in Minnesota. Tom Smith was honored by TopLine Financial Credit Union upon his retirement and President and CEO. Tom Smith has worked in the financial services industry for over 38 years. He has been very active forging strategic direction and successfully leading various divisions of organizations within the financial services industry. Tom joined TopLine Financial Credit Union as Chief Lending Officer in May 2008 and was appointed President and CEO in January 2014. Tom will be retiring on May 1, 2023. Tom has led the credit union with integrity, passion and vision, and over the last 9 years under his President and CEO leadership TopLine has experienced tremendous growth, fostered a culture of inclusion, kept pace with ever-evolving innovation and kept a keen eye on the betterment of our communities. Mark Cummins, President and CEO of the Minnesota Credit Union Network was honored in recognition from his retirement. Under Cummins’ leadership, several programs have been established in recent years for member credit unions including WINcentive prize-linked savings, the Minnesota Credit Union Employee Benefits Plan and CU Forward Day. Minnesota was also the first state to launch the national Credit Union Consumer Awareness Initiative in 2019 and since then, has seen both increased average membership growth and consumer familiarity of credit unions. 91 individuals have been designated as Credit Union Builders since the award's inception. The names of the recipients and the contributing credit unions are permanently displayed in the Minnesota Credit Union Network’s lobby as a tribute to those who have dedicated time and energy to building the credit union movement. The MnCU Foundation is proud to open the CUDE Scholarship. This scholarship was created to provide financial assistance to credit union staff and/or volunteers who are members of the Minnesota Credit Union Network (MnCUN) and wish to attend the National Credit Union Foundation’s Credit Union Development Educator Training. Preference will be given to applicants have shown engagement with the credit union movement.
Application Deadline: May 31, 2023 Scholarship recipient will be notified in June 2023 Fall DE Training Date options: September 25-29, or October 23-27 sessions A program of the National Credit Union Foundation, the CUDE program 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. To apply, visit mncun.org/cudeapp. The Enhanced Financial Counseling Certification Program (FiCEP) teaches credit union staff how to counsel members so they can budget better, smartly save, pay down debt and plan for the future. Obtaining the training and associated credentials allows your credit union to differentiate itself from other financial institutions and be more confident in helping members build a stronger financial future.
The cohort-style training consists of 8 tutorial webinars, exam preparation, proctored exam, and program development training - taking place between June and September. Upon completion, participants will receive the Certified Credit Union Financial Counselor (CCUFC) designation. Attending the webinars live provides the opportunity to participate in discussion; however, they will also be available as a recording. On average, students should expect to spend approximately 30 minutes studying each chapter, 60 minutes participating in each webinar, and additional time as needed to review the materials before the exam. The last training session following the proctored exam is designed to help you develop a detailed vision and plan for financial counseling at your credit union. Cost: $479 per participating student Registration Deadline: Friday, April 28 As a central part of its mission to provide resources for credit unions and communities to prosper and thrive, the Minnesota Credit Union Foundation (MnCUF) has generously committed funding to help support the cost of the program for another year. The program is provided in partnership between CUNA's Center for Professional Development (CUNA CPD), CU Difference, and a collaboration with the Minnesota, Wisconsin, and Montana Credit Union Foundations. Contact MnCUF Executive Director Andrea Molnau with questions or visit the Enhanced FiCEP page. Join us Tuesday, May 23 from 10:30 AM - 2:00 PM for a special in-person event for Credit Union Foundations. Credit union foundations are charitable organizations, subject to complex state and federal laws and regulations. This session is intended to bring simplicity and clarity to the state and federal laws that govern our credit union foundations. You will leave the session with an understanding of:
We will also have time for your questions. Send them in advance or bring them to the session! Presenter: Heidi Christianson, attorney at Nilan Johnson Lewis, PA. Heidi’s clients are nonprofits, and they include corporate and family foundations, trade associations and public charities like hospitals and social services organizations. This session is sponsored by Wings Financial Credit Union and will only be offered in person. Lunch will be provided. Please register by May 12. With questions, please contact Andrea Molnau, VP Communications & Engagement at amolnau@mncun.org. ![]() The Minnesota Credit Union Foundation Scholarship Council (FSC) is requesting your support for our annual Silent Auction fundraiser to benefit our scholarship program! Our annual Silent Auction will be held April 13 & 14, 2023 at the Radisson Blu Mall of America in Bloomington. As a signature event of the Minnesota Credit Union Network’s Annual Meeting & Convention, hundreds of credit union employees and their affiliates will bid on auction items. All money generated from this fundraiser goes directly to students through scholarships. Our goal is to raise $12,000! Details about the FSC are available at www.mnfsc.org. We hope you will consider a donation of either a silent auction item, or a monetary/cash donation to help make our goal a reality! Your support is greatly appreciated, and any donation you make is an investment in the youth of Minnesota. Contributions: Cash donations: Please submit with a contribution form* to the address below. Checks should be made payable to: Minnesota Credit Union Foundation; with “FSC” in the memo line. OR donate online at www.mnfsc.org Foundation Scholarship Council Minnesota Credit Union Foundation 555 Wabasha St N, Suite 200 Saint Paul, MN 55102 Item donations: Please submit with a contribution form as soon as possible for our records. The item can be sent to either the address below no later than Friday, April 7 or deliver in person at the FSC Silent Auction booth any time Thursday morning, April 14, 2023. Andrea Molnau Minnesota Credit Union Network 55 Wabasha Street N, Suite 200 St. Paul, MN 55102 |
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