​Join the Minnesota Credit Union Network's Strategic Alliance partner, Credit Union Loan Source (CULS), on Thursday, September 24 at 10 a.m. to learn about ways in which their services can support your auto loan portfolio needs. The Network has partnered with CULS to provide state-chartered credit unions the opportunity to supplement direct auto loan growth by investing in indirect auto loan participations.

Join JMFA on Thursday, September 17, 2020 11:00 am., for a compliance webinar titled “Safeguard Member Relationships, Revenue and Reputation” presented by Cheryl Lawson, EVP of Compliance Review. Learn how you can safeguard your credit union from compliance and legal scrutiny, while improving your service delivery and generating revenue. Visit JMFA to register. 

The Women’s Leadership Network invites female credit union colleagues to our next virtual event on August 27 from 10:00 – 11:30 a.m.
 
Leadership Coach and Facilitator Lisa Hayes will be joining us again for the second session in her series Your Leadership Coordinates for Leadership Presence. In this session, Lisa will focus on Powerful Communication; how to make your voice heard, have confidence in communication, influencing your audience, and being assertive.    
 
Join us for an engaging conversation online, connect with your Women’s Leadership Network colleagues, and receive resources from the day.
 
Registration is now open and available until August 21.
 
For more information about the Minnesota Credit Union Women’s Leadership Network, visit the group page online.

The Minnesota Credit Union Network is pleased to announce a new service available to its member credit unions to automate and simplify the process of switching direct deposits and automatic payments. MNCUN has partnered with ClickSWITCH to offer this service.
 
ClickSWITCH provides a digital member growth solution to financial institutions allowing account holders to switch direct deposits and recurring payments in just a few minutes. ClickSWITCH encourages members to make their new account their primary account driving deposit growth, profitability and long-lasting primary relationships for credit unions.
 
“The Minnesota Credit Union Network understands the hassle that consumers face when switching accounts to a new credit union. ClickSWITCH provides the leading solution for simplifying this process and we are excited to be able to offer this local Minneapolis, MN based solution to our member credit unions,” said Kris Jacobsen – Director of Business Development at the MnCUN.
 
“MnCUN is a well-respected credit union organization. We are proud to partner with MnCUN to provide our services to its members, said Eric Edwards, Chief Revenue Officer at ClickSWITCH. “ClickSWITCH can enable credit unions to reduce friction in the onboarding journey, encouraging new members to quickly and easily develop primary relationships.”

To learn more about the ClickSWITCH partnership, contact Kris Jacobsen, MnCUN Director of Business Development.

Join the Minnesota Credit Union Network's Strategic Alliance partner, The Baker Group, on Thursday, August 27 at 10 a.m. for a high-level  overview of economic and investment updates and how credit unions can maximize balance sheet performance in an ultra-low rate environment. An open discussion and a Q & A session will follow.

Register Today!
The Baker Group is a leader in presenting asset/liability and investment management educational programs for credit unions. Now, more than ever, it is essential that credit unions achieve a high level of knowledge and understanding in these critical areas. 

The webinar is free and will be recorded, however we do ask that you please register. Please provide us your questions in the registration form. Registered attendees will receive webinar and call-in instructions prior to the session. 

With questions, please contact Director of Engagement, Ben Hering, via email or by phone at (612) 239-0026.

SRM (Strategic Resource Management) has conducted its second diverse sampling among banks and credit unions to evaluate their ongoing response to the effects of COVID-19 in the United States, including observed trends across various consumer banking behaviors. The survey captures financial institutions' matured responses, consumer payment patterns in a prolonged pandemic environment.
 
SRM's initial survey in March focused on bankers' early attitudes just as the pandemic reached the level of having national systemic impacts. The goal of the second survey was to investigate specifically the evolving landscape in digital transformation and payments as COVID-19 was re-asserting itself across the United States. Launched late June, it garnered a higher response rate from a healthy mix of banking executives and credit union leaders across geographies.
 
Even as this survey was closing in early July, many communities were stalling or regressing in their reopening plans. Nonetheless, SRM's poll results reveal a greater consensus is forming around the anticipated impacts and duration of COVID-19. 

For key findings, view the survey results on the SRM website. 

Strategic Resource Management is a strategic partner of the Minnesota Credit Union Network. Contact Kris Jacobsen for details.

​Join thousands of credit union leaders across the country online, Thursday, August 13 for a day of Discovery! This free conference, presented by CUNA Mutual Group, is designed to help boost your strategic planning with innovative ideas and key insights. 
 
Discovery 2020 is designed for credit union leaders and agenda topics are carefully chosen each year. This year’s conference includes topics that were most requested by credit union leaders as well as two panel discussions that will cover very timely subjects. An exclusive panel of influential credit union leaders will discuss collaboration within the credit union movement to meet the needs of members during pivotal times.

Don’t miss this valuable opportunity. Check out the Agenda and Register Today! 

A great deal of advertising has shifted online as people hunkered down at home. Yet essential businesses remained open, including gas stations and the convenience stores attached to them. GSTV—which broadcasts advertising and content at the pump—found that messaging on the platform’s 24,000 locations became essential communication. GSTV reaches one-third of American adults each month and counts Nielsen, Comscore, IRI, Placed and others as data partners.

Americans are hitting the road again for the summer months. Behaviors have shifted, though – and the personal vehicle is now more important than ever. You can engage them at the start of their journey, with GSTV.  

68% OF DRIVERS WILL DRIVE MORE / AS MUCH AS THEY DID PRE-COVID (IPSOS POLL)

“We’ve always been 3-5 minutes of someone’s day running errands,” said Sean McCaffrey, GSTV president and CEO. “We realized that those errands were more important because people were stocking up, or are essential workers. At a minimum, people want something informational and, at best, something a little entertaining.” added McCaffrey. 

Credit Unions can take advantage of the natural access GSTV has to their audience. Auto loans may be especially timely, since 1 IN 3 US CONSUMERS ARE CONSIDERING BUYING A CAR IN 2020 according to the Capegemini Research Institute. 

No matter your message, GSTV gives you to reach engaged audiences near your targeted branches. Running a GSTV promo is an extremely cost-effective way to drive local awareness, and as a credit union, you also enjoy an exclusive discount from GSTV.  

If you are interested in learning more about GSTV, please contact andremello@cusolutionsgroup.com.

Quick insights from CU Rise:

• Loan Growth has slowed over the last 3 years as focus has shifted to Deposits.
• Deposits are inflated due to stimulus payments.  
• Loan to Share Ratio declined for the first time since the sub-prime crisis.      
• Highest YoY growth in Mortgage Loans observed since 2010.     
• Auto Loan Growth has dropped to its lowest in 8 years.

It is time to visit CUCompare.com and get updated insights about your credit union and your peer’s performance. You can benchmark and track performance through a variety of defined and customizable metrics. CUCompare also has the functionality to perform national, state & asset-band comparisons with peers and much more to help you know where you stand and where you are headed. 

Sign up or log in to get free access to the tool and to receive your CU's benchmarking report.

Watch MnCUN Director of Business Development, Kris Jacobsen, share how Netgiver‘s donation platform provides credit unions support for their community advocacy efforts and creates opportunities for member acquisition and retention.

​Earlier this year, MnCUN joined the ownership by joining the ownership of NetGiver; a CUSO which enables fee-free charitable contributions exclusively for credit union members through a mobile giving platform.

For more information on this partnership, contact Kris Jacobsen.