America’s Credit Unions has announced plans to temporarily suspend the awards program in 2024. This means that the Dora Maxwell, Louise Herring, and Desjardins awards have been paused for this year. Leagues still have the opportunity to offer these awards on their own and the Minnesota Credit Union Network looks forward to opening the state-level awards program in May.
American's Credit Unions is enthusiastic about establishing fresh recognition opportunities in 2025 and will keep you informed as more details unfold. For questions on the state-level programs, contact Julia Miller, MnCUN Director of Communications. TruLync Medicare Advisors was established in September of 2023 as a licensed insurance agency designed to support credit union members through the Medicare process.
The case study details the pilot program held during the 2023 Medicare Open Enrollment Period. Six credit unions in the pilot were provided marketing materials and held educational events for their members to learn about Medicare options. Nineteen educational events were held between September and December. As a result of the events, Dave Brown, Director of Insurance Services, conducted 168 personal appointments. During these appointments, Brown reviewed members current Medicare selections and consulted with them to ensure the appropriate program was designated for their individual situations. These conversations resulted in 121 members obtaining a new Medicare option through TruLync Medicare Advisors, saving a total of $169,000 in annual premiums, or an average annual savings of $1,400 per member. Join MnCUN on Wednesday, Feb. 28 at 1:00 pm to learn more about TruLync Medicare Advisors and this new partnership opportunity. The webinar will include results of the 2023 pilot program; expansion plans for 2024; and details about how your credit union can provide this impactful service to your members. The webinar is free and will be recorded. We do ask that you please register. With questions, contact Kris Jacobsen, MnCUN Vice President of Business Development, by email or phone at 612-244-7138. The Minnesota Credit Union Network is accepting nominations for its most prestigious awards. Now is your chance to nominate a colleague for the 2024 Outstanding Professional of the Year or Outstanding Director of the Year.
The winners of these awards will be recognized with a video tribute during the Minnesota Credit Union Network's annual conference - ACCELERATE 24, which will take place April 18 &19 at the Mystic Lake Center in Prior Lake.
Please note that only nominations completed using the online forms will be accepted. Complete information and online nomination forms can be found on the MnCUN website. Contact Julia Miller, MnCUN Director of Communications with questions. Promoting Financial Education: National Credit Union Youth Month and Financial Well-being for All1/30/2024
Earlier this month, America's Credit Unions announced that they will not offer resources to promote National Credit Union Youth Month citing decreasing participation rates in recent years. National Credit Union Month was recognized during the month of April and encouraged kids to develop healthy saving habits by making savings fun and exciting.
The Minnesota Credit Union Network plans to continue utilizing April as opportunity to celebrate locally how credit unions provide financial education and advance financial well-being for all and is working on providing messaging and a framework for credit unions to use. Watch for an update in the coming weeks. We encourage credit unions to identify opportunities to share financial education initiatives and activities for the month of April with MnCUN, by emailing Director of Communications Julia Miller.
The MnCUN Board of Directors represent the interests of credit unions of all sizes from all parts of the state. The Board works together with MnCUN’s President & CEO to ensure that all member credit unions receive high-quality service and that the interests of Minnesota credit unions are promoted both at the state and national level.
The Board met last week to review financials, receive department and committee reports, and discuss future planning and governance. The Board reviewed the 2024 Advocacy Engagement plan and approved organization’s strategic deliverables for 2024. The Network Service Corporation provided updates on several initiatives including: the annual Business Parter Report from TruStage; the business plan for expanding TruLync Medicare Advisors; 2024 updates for Prize Linked Savings; and the TriState Collaborative. 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 in Minnesota.
The Minnesota Credit Union Network thanks the first 10 credit union members of 2023! Dues renewal and information were mailed to credit union CEOs/managers in mid-December, with a deadline of Wednesday, Jan. 31.
Membership in MnCUN and national trade associations ensures your connection to powerful advocacy, expertise, resources, opportunity, and influence. Additional information about the benefits of membership with the Minnesota Credit Union Network can be found on the Members Resources page. With any questions about your membership, please do not hesitate to contact MnCUN President and CEO Mara Humphrey. The Minnesota Credit Union Network is pleased to announce that Ryan Smith is assuming the role of Chief Advocacy Officer to lead MnCUN’s regulatory and advocacy programs. Ryan has been with MnCUN since 2012, and most recently served as Director of Government Affairs. Congratulations to Ryan!
The promotion is part of an internal reorganization that took place to realize the priorities of Network 2.0 and fill internal capacity due to the hiring of Mara Humphrey as President & CEO. John Ferstl, Ryan Smith, Andrea Molnau, Kris Jacobsen, and Tommy Rempfer will be part of the MnCUN leadership team. MnCUN is hiring for the position of Director of Political Affairs to implement MnCUN’s grassroots advocacy and fundraising efforts. The job posting is available on the MnCUN Jobs Board. This role will be critical in efficiently and effectively mobilizing credit union supporters and deepen their engagement in advocacy and fundraising efforts as part of MnCUN's overall advocacy strategy. |
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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