 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.
Ahead of the election, now is the time to remind members and credit union employees why being engaged in advocacy is essential to protecting our industry. We’re challenging all our member credit unions to increase the number of advocates during the GREAT Month. The resources in the GREAT toolkit can help engage new staff and members in the effort.
The House Financial Services Committee had two hearings last week, one of which was on the economic impact of the multibillion-dollar romance scheme industry.
Lodging information is available on the Member Portal. Please only reserve what you need so that others may obtain the GAC group rate for their reservations. Contact MnCUN Chief Advocacy Officer Ryan Smith with questions.
The Minnesota Credit Union Network’s (MnCUN) Political Involvement Committee recently voted to endorse U.S. Representative Angie Craig in the 2nd Congressional District race and U.S. Representative Tom Emmer in the 6th Congressional District race. The Political Involvement Committee provides input and recommendations on legislative efforts at the state and federal levels.
U.S. Representative Angie Craig - 2nd Congressional District "Rep. Craig is committed to protecting credit unions’ ability to help their members and communities so everyone can have access to financial wellness,” said MnCUN Chief Advocacy Officer Ryan Smith. “We wholeheartedly endorse her re-election campaign and urge all supporters of credit unions in the 2nd District to vote for her in November." Minnesota Credit Union Network cites Craig’s historical support of the credit union mission and for highlighting the importance of credit unions during a floor speech at the beginning of this Congress for backing her re-election bid. “Credit unions’ mission values consumers over profit and have a history of empowering the middle-class, from farmers to first-generation homeowners,” said Craig. “Credit unions are a vital part of our local community. I am proud to have earned the endorsement of the Minnesota Credit Union Network so we can all thrive for generations to come.” U.S. Representative Tom Emmer - 6th Congressional District “We are proud to have a credit union champion in Congress that fights for their ability to serve credit union members and local communities,” said MnCUN Chief Advocacy Officer Ryan Smith. “We fully support his re-election efforts and encourage all credit union advocates in the 6th District to vote for him.” MnCUN highlights Congressman Emmer’s support of the Credit Union Governance Modernization Act and the Credit Union Board Modernization Bill. Both bills aim to support credit unions and their members. “Consumers and small businesses have a great partner with credit unions with local and Main Street-focused financial services,” said Congressman Tom Emmer. “I am honored to have the endorsement of the Minnesota Credit Union Network and will remain committed to fostering a fair marketplace, enabling credit unions to thrive.” Hike the Hill, organized collaboratively this year with our Tristate partners, Montana and Wisconsin, gets underway today and credit union advocates will meet with lawmakers at the U.S. Capitol tomorrow, Sept. 12. Contact MnCUN Chief Advocacy Officer Ryan Smith with questions.
“With many retiring legislators and competitive seats across the State, developing relationships and educating candidates is vital in ensuring we have a voice when decisions are being made when the legislature returns next year,” said MnCUN Chief Advocacy Officer Ryan Smith. “The Minnesota Credit Union Network is continuing our tradition of being the strongest advocate for Minnesota credit unions by engaging in a bipartisan way with a wide range of candidates from all corners of the state, ensuring that we have genuine partners at the State Capitol, regardless of the outcomes of the election."
The 2024 election is on Tuesday, November 5th and one US Senate seat and all of Congress and the state House will be on the ballot. If you have questions about where the candidates in your community stand on issues impacting the industry, check out our 2024 Credit Union Voter Guide. Minnesota Housing's First-Generation Homebuyer Loan Program is a downpayment and closing cost loan for first-generation homebuyers. The program offers loans up to $35,000. The program has funding to serve approximately 1,500 eligible borrowers on a first-come, first-served basis.
The Minnesota Credit Union Network supported the legislation that created the program. The following credit unions are participating in the program: Two Harbors Federal Credit Union TruStar Federal Credit Union Magnifi Financial Credit Union Greater Community Credit Union TruStone Financial Federal Credit Union Lake Area Mortgage, A Division of Royal Credit Union Town and Country Credit Union – North Dakota St. Cloud Financial Credit Union Co-op Credit Union of Montevideo Greater Community Credit Union Ideal Credit Union First Community Credit Union – North Dakota For more information on the program, visit Minnesota Housing's website. Join our Tristate Partners, Montana and Wisconsin, for Hike the Hill, September 11 - 13th.
Attendees should plan to arrive by early Wednesday afternoon, September 11 for events. Meetings with legislators will be scheduled throughout the day on Thursday, followed by a Minnesota group activity in the evening. Assuming availability of staff and/or Board members, NCUA meetings will take place Friday morning and attendees can plan to fly out by Friday afternoon. Reserve by August 14 for the room block rate. For lodging details, log into the Members' Only portal. The House Financial Services Committee held a hearing on Tuesday exploring innovation through AI in financial services and housing.
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