Credit Union Professionals, Board Members Honored with Credit Union Builder Awards at Accelerate4/30/2025
The Minnesota Credit Union Foundation (MnCUF) is pleased to announce the following recipients of the Credit Union Builder Award honored at 100th Anniversary Party held during ACCELERATE 25 last week. 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.
Dawn is the Vice President of Financial Services at North Memorial CU and has been a respected advocate for credit unions in Minnesota for 20 years. North Memorial and the Twin Cities Chapter applaud and commend Dawn for her work on the Chapter committee, and her work to drive meaningful content and connection as she steps down from chapter leadership.
Grant, CEO of Toro Credit Union, has served 32 years in the movement, 30 of them on the Twin Cities Chapter Board. From leading the annual golf tournament to helping rebrand the Chapter, Grant has been a driving force in our credit union community. As he prepares to retire this June, we thank him and wish him the very best. MnCUF Board Chair and CEO of Centricity Credit Union honored Connie Carter. Connie is the CFO of Centricity CU and is being recognized for her leadership and dedication to Centricity and the credit union movement in Minnesota upon her upcoming well-earned retirement. Over 100 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 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 deadline to register is May 9, 2025. The cohort-style training consists of 8 tutorial webinars, exam preparation, proctored exam, and program development training - taking place between June through September, 2025. Upon completion, participants will receive the Certified Credit Union Financial Counselor (CCUFC) designation. Registration fees are per person and include all webinars, electronic format book (PDF), practice quizzes, a proctored exam, and the in-person workshop. Grant opportunities are available to assist with program cost. For the complete schedule visit Enchanced FiCEP Program | Minnesota Credit Union Foundation | mncun.org. Please reach out to Andrea Molnau with questions. Mara Humphrey presenting at the business meeting during Accelerate 25. The Minnesota Credit Union Network (MnCUN) celebrated a landmark event signifying a century of service and community impact for Minnesota Credit Unions, the ACCELERATE 25 Conference. Packed with engaging guest speakers, educational sessions, and networking, it was the state’s largest trade show with professional development opportunities for credit union board members and employees. The last three days included speeches from elected officials, credit union leadership, and statewide financial experts. Congressman Brad Finstad joined the conference as a strong supporter and member of a credit union. Congressman Finstad reflected on the community-based model under which credit unions operate, emphasizing “you’re in our communities, you’re a part of our communities, you understand the communities that you serve, and the value that you provide is great.” Congressman Finstad mentioned that for this reason and others, his family is proud to be a member of their local credit union. MnCUN is excited to share the launch of two services it is providing: CU Law Partners, affordable and expert legal representation to meet the demands of credit unions, and TruLync Medicare Advisors, a service to help members navigate Medicare and save on their annual premiums. Also, during the business meeting, the results of the 2025 MnCUN Board of Directors were announced. Aaron DeJong, Red Wing Credit Union, and Dana Garrett, North Memorial Federal Credit Union, were re-elected and Trina Hoff, Northern Communities Credit Union, was elected to a full term after being appointed to fill the remainder of Deb Almirall's term after she retired. Finally, the conference celebrated 100 years of credit unions in Minnesota with a 1925-themed anniversary party. Attendees sported their finest roaring 20’s themed outfits and celebrated a century of the credit union advantage in Minnesota. MnCUN is proud to officially launch High Yield Pale Ale, a special collaboration between the Minnesota Credit Union Network and Broken Clock Cooperative Brewing. This limited-edition craft beer was brewed right here in Minnesota, in honor of a century of people helping people. A cooperative brewing with a cooperative to celebrate a century of people helping people. We think that’s pretty poetic... and pretty tasty. Even better? Broken Clock is donating a portion of proceeds from High Yield sales to support the Minnesota Credit Union Foundation and financial literacy efforts statewide. So, every pint poured helps move our mission forward.
You’ll soon be able to bring High Yield Pale Ale to your own credit union gatherings, community events, or simply enjoy it with members who want to toast to the credit union difference. Interested in how to get High Yield Pale Ale in your hands—or on your tap list? Connect with Broken Clock Cooperative Brewing to learn more about distribution and availability. And watch the Pulse for additional details in the coming weeks!
The Minnesota Credit Union Network (MnCUN) proudly presented the Outstanding Credit Union Professional of the Year and Director of the Year at a ceremony held during the MnCUN ACCELERATE 25 Conference on April 22 at the Mystic Lake Center in Prior Lake, Minn. These two awards highlight leaders who pioneer and embody what it means to put first the community and financial well-being of Minnesotans.
His expertise and dedication to credit unions has been on full display since he took the helm at THFCU. In 2012, THFCU was struggling with little community visibility. Randy oversaw a complete transformation, with Two Harbors Federal Credit Union becoming a flourishing member of our network, serving its members, supporting its community, and contributing to credit unions statewide. After receiving his award, Randy reflected on the work credit unions do, saying: "People helping people is not just a slogan -- its really what we do."
Under Daryl’s direction, the credit union has grown from 4,500 members and $18 million in assets to 9,500 members and $190 million in assets today. For 32 years, Daryl has provided steady, consistent governance, with a practical, member-centered vision for how our credit union functions.
In accepting his award, Daryl kept the focus on credit union members, emphasizing: "Credit unions big, small and in between, let's remember the main thing, taking care of our members, one at a time." "We are proud to honor these great leaders, who have spent their careers contributing to Minnesota's credit unions and their members," Mara Humphrey, MnCUN President and CEO. Scienaptic AI and Tristate Collaborative Partner to Bring AI-Driven Lending to Credit Unions4/24/2025
Scienaptic AI, a leader in AI-powered lending, today announced a strategic partnership with Tristate Collaborative, aimed at empowering credit unions across Wisconsin, Montana, and Minnesota with advanced AI-driven underwriting capabilities, enabling more inclusive lending while enhancing automation and improving the member experience.
Tristate Collaborative, LLC, formed by The Minnesota Credit Union Network, Montana’s Credit Unions, and the Wisconsin Credit Union League, establishes strategic endorsement relationships with partners to help their credit unions best serve their members. Together, Tristate Collaborative represents 246 credit unions with over $110 billion in assets, serving approximately 6 million consumer members across Wisconsin, Montana, and Minnesota. The partnership underscores Scienaptic AI and Tristate Collaborative’s shared vision of empowering credit unions with advanced technology to better serve their members and strengthen financial inclusion. “This partnership is about empowering credit unions to extend credit access to underserved members, enhancing financial inclusion and improving member experience,” said Kris Jacobsen, VP Business Development of Tristate Collaborative. “By integrating Scienaptic’s AI-driven decisioning, our credit unions can make smarter, recession-resilient lending decisions while enhancing operational efficiency.” Chandan Pal, Chief Marketing Officer at Scienaptic AI, added, “At Scienaptic, we are driven by the mission of democratizing credit access. Our partnership with Tristate Collaborative equips credit unions with the AI tools needed to expand financial inclusion, maintain robust underwriting during economic uncertainty, and deliver faster, frictionless member experiences. Together, we are setting a new standard for intelligent, inclusive lending.” About Scienaptic AI Founded in 2014, Scienaptic AI was built with the mission to drive financial inclusion at scale through AI-driven credit decisioning. The platform encapsulates a decade of technological innovation, integrating more data into decision-making, leveraging advanced machine learning algorithms, and supplementing them with rigorous risk and fair lending monitoring processes. This enables financial institutions to reach more borrowers—including underbanked and underserved individuals—and say “yes” more often without increasing risk. In September 2024, Scienaptic’s Credit Union Service Organization (CUSO) received strategic equity investments from its clients, further strengthening its mission to elevate lending with AI-driven solutions for inclusive loan growth, automation, lifecycle management, and compliance. Today, the CUSO is backed by 10 strategic investors, underscoring Scienaptic’s deep commitment to the core principle of "people helping people." The Scienaptic AI platform plays a vital role in supporting over 150 lenders by enhancing lending accuracy and efficiency. Scienaptic’s credit decisioning expertise spans financial institutions collectively managing $3.9 trillion in assets. The platform processes over 3 million credit decisions each month, evaluating loan applications worth more than $3 billion. This enables over 1.3 million underserved individuals every month to access credit opportunities that were previously out of reach. Driven by the growing demand for AI in lending, the company has expanded by over 2,000% in the past three years. For more information, visit www.scienaptic.ai. By: TruStage and Children’s Miracle Network Hospitals Staff. This article is provided through MnCUN's partnership with TruStage.
TruStageTM, a leader in providing insurance and financial services to credit unions and their members, is proud to announce its new sponsorship agreement with Children’s Miracle Network Hospitals® (CMN Hospitals). As a part of the new agreement, TruStage will commit $392,500 to CMN Hospitals through Credit Unions for Kids (CU4Kids), the charity of choice for the credit union industry. The dollars will be used to sponsor nine events across the country, aimed at raising funds and awareness for the treatment and care of children in local hospitals. "We are honored to support the incredible work of Children’s Miracle Network Hospitals and the credit union industry through Credit Unions for Kids," said, TruStage Executive Vice President Sales and Marketing, Tammy Schultz. "This contribution is a testament to our dedication to make a positive impact in the communities we serve. By sponsoring these nine events, we hope to help raise vital funds and awareness for children’s health—a critical concern for both TruStage and credit unions.” TruStage will help raise $7.5 million in 2025 through these nine events. More than 200 credit unions participate in these events and over 125 hospitals will benefit from the funds raised. John Bratsakis, President and CEO of MD|DC Credit Union Association and Chair of the CU4Kids Advisory Board adds, “Our industry would not be able to put on events like the Credit Union Cherry Blossom Run and others, without the support of our long-term and trusted partner TruStage. We are very grateful for their long-term commitment and support.” Credit Unions for Kids is a national collaboration between credit unions and CMN Hospitals that raises funds to support pediatric healthcare services. These donations fund life-saving treatments, research, medical equipment, and support programs for children. The sponsorship of the nine upcoming events will provide critical financial support to hospitals in various regions of the country, directly benefiting children and families in need. "We are extremely grateful for TruStage’s generous contribution," said Kristen Schavemaker, Chief Programs and Foundation Partnerships Officer at CMN Hospitals. "Their sponsorship plays a crucial role in advancing our mission to provide the best possible care for children in need. These events will make a real difference in the lives of millions of children across the nation." Over the last 25 years, TruStage has contributed close to $1.9 million to CMN Hospitals. We can’t wait to see you at ACCELERATE 25 – our biggest event yet, and a celebration 100 years in the making! Registered attendees and exhibitor will receive more details via email later today. In the meantime, here are a few highlights: 🏆 Visit the Celebration Booth Celebrate our award winners at Booth #215 in the Minnetonka Ballroom. Check the award schedule for your pickup/photo time! 🎉 100th Anniversary Party – Tuesday Night Celebrate a century of credit union impact at our 1925-inspired party! The event includes Dinner stations, awards, live music by The Covers and is included with your registration. Dress in your best Roaring Twenties look! 📱 Event App
📣 Get Social Join the conversation using #ACCELERATE25 and follow us: Facebook: @MinnesotaCreditUnions Instagram: @mncreditunions It’s being reported in several outlets this morning that the White House has fired NCUA Board members Todd Harper and Tonya Otsuka. MnCUN is working to ascertain the accuracy of the reporting and we’re also trying to determine the short- and long-term impacts of the move.
At the very least, without a sufficient number of Board members to constitute a quorum, the NCUA will have extremely limited ability to shift policies until such time as new members are confirmed by the Senate. This will also undoubtedly be challenged in court, and it will likely be months, if not years, before we know the final results. We'll provide more information as it becomes available |
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