FREE webinar: CU Strategies for 2nd Quarter
As we begin the second quarter of 2024, interest rates remain at the highest levels in more than 15 years as the Fed waits for more evidence that inflation is on path to 2.00%. Credit unions continue to face the challenge of tightened liquidity in a high-cost environment putting continued pressure on margin. Being proactive in balance sheet management and the Investment portfolio process is paramount. The Baker Group is offering a complimentary webinar on Thursday, April 11, at 10:30 a.m. (CT) where they will try to bring some clarity on what is ahead and offer some guidance for credit unions going forward. Those that sign up will receive the recorded version once it is completed whether you are able to attend or not. You can register here. Special Guest at Next CEO Town Hall NCUA board member Tanya Otsuka will make a guest appearance at our next Dakota CEO Virtual Town Hall on Tuesday, April 9, at 3:00 p.m. (CT) 2:00 p.m. (MT). Otsuka will share her insights as well her objectives as the agency’s newest member. Calendar invites have been sent to CEOs via email; if you would like to join the call, please reach out to John Alexander. Before joining the NCUA Board, Tanya served as Senior Counsel for the majority staff of the U.S. Senate Banking, Housing, and Urban Affairs Committee where she has handled the Committee’s work on banking and credit union issues since March 2020. In 2019, she also served on the Committee staff through the Government Affairs Institute at Georgetown University’s Capitol Hill Fellowship Program, on detail from the Federal Deposit Insurance Corporation (FDIC). Prior to her time with the Banking, Housing, and Urban Affairs Committee, Otsuka was a staff attorney and counsel at FDIC where she worked on a broad range of banking issues. She began her career at the FDIC as a law clerk in 2010 and an Honors Attorney in 2011. Otsuka earned her J.D. from Boston College Law School and B.A. with distinction from the University of Virginia. Sioux Vally Co-op FCU Seeking Loan Officer/MSR Due to an internal promotion, Sioux Valley Co-op FCU, located in Watertown, SD with over $37M in assets, is now seeking a loan officer/MSR. In this position, you will play a pivotal role in providing financial services and support to our members. You will be responsible for assisting members with their loan applications, providing guidance on financial products, and delivering exceptional customer service. For additional information or to apply, click here. For general questions, contact Tyler Gross at 605.882.2706. Credit Unions United Chapter Meeting The Credit Unions United Chapter has scheduled their next meeting for Tuesday, April 9, at Sleep Inn – 2400 10th St SW in Minot. Meet at 6:00 p.m. for social, followed by dinner and the Annual Meeting, along with a credit union CEO panel discussion. RSVP to Jennifer Jerauld. SD Central Chapter Meeting The South Dakota Central Chapter has scheduled their Annual Meeting for Tuesday, April 16th at Gigi’s, 349 Wisconsin Ave SW in Huron. Meet at 6:00 p.m.; the evening’s program will be Debit Card Overview by Teresa Thill from the Advantage Network. Please RSVP to Tiffanie Kouf. North Central Chapter Meeting The North Central Chapter has scheduled their next meeting for Tuesday, April 23, at the Maddock Opera House, 114 Central Ave in Maddock. Meet at 5:30 p.m. for social followed by dinner and special presentation by Melanie Bauer-Dukart and Denise Sundeen with USDA. Please RSVP to Meagan Gilliss by noon on April 18. Red River Chapter Annual Meeting The Red River Chapter has scheduled their annual meeting for Thursday, April 25, at The Bowler, 2630 S University Drive in Fargo. Meeting agenda: Nominating Committee Report, start time 5:30 with a fun evening of bowling, networking, and pizza to follow. There is no cost to attend but please RSVP to [email protected] by April 18. CUNA Awards Program Suspended for 2024 As you know, on January 1, CUNA and NAFCU merged to create America’s Credit Unions. As part of this transformative journey, America’s Credit Unions has decided to suspend the CUNA Awards program for 2024. This hiatus will allow time to carefully evaluate the best way to acknowledge the exceptional contributions of our industry, aligning with the vision, mission, and purpose of our new national organization. If you have any questions, please contact Mike Hughes, Affiliation Specialist at 608.231.4866. *NOTE – this does NOT affect DakCU’s 2024 Summit Awards Banquet being held on May 16. All 2023 Dora, Louise, and Desjardins award applications were considered and will be announced as usual. SWAP Contributors – FREE Job Postings on Try a Credit Union! Contributing SWAP members have access to FREE job postings on the Try A Credit Union website! To have a job posted, contact Lindsey Hefta with your job description and she will be happy to assist you. The successful results we are seeing with our state-wide awareness program (SWAP) means we are increasing credit union awareness and consideration of credit unions as a better financial services option for consumers all across the Dakotas! It’s not too late to get on board for 2024. Contact Lindsey to find out how SWAP can reach more consumers in your area. Early Bird Summit Registration Ends Soon! Be sure to register for the Annual Summit no later than April 12 to receive the early bird discount of just $409! This year’s event takes us to Grand Casino & Golf Resort just outside Sioux Falls, SD. Check out the expanded three-day agenda and new attractions, including pre-conference sessions. For your convenience, a block of rooms is reserved at Grand Casino & Golf Resort under Dakota Credit Union Summit. You must call the hotel directly at 712.777.7777 to receive the special group rate starting at just $124.95 per night. SalesCU Training 2024 dates are available for SalesCU workshops. SalesCU training offers practical and proven sales techniques and strategies that actually work in a credit union setting to bring affordable and convenient sales training to our Dakota credit unions. If you want to develop employees who know how to sell in a way that adds value to the member, and sales leaders who are empowered to drive results through developmental coaching and meaningful accountability, we have an award-winning solution for you! Additional information on upcoming sessions available here or contact George McDonald, Chief Officer of Strategic Services at 701.250.3942. Leadership Development Our iLead@11 DakCU Emerging Leader Program is designed specifically for emerging leaders in the credit union industry, based on the popular Leadership@11 program designed by Eleven Performance Group. It is an ongoing program that allows participants to start whenever they want and determine their own pace. Scholarships are also available; complete the application form found here. Help Us Stay Up to Date with Your Staff Please help us to make sure that your employees are receiving the Memo and are in our database for other important information. We strive to bring you the latest important information related to advocacy, compliance, networking and educational opportunities, and more. Is everyone at your credit union receiving this information? Be sure we have the names, title, and email address of any new employees. The more information your staff has, the better for all of us! Email Shawn Brummer to be added to our distribution list or sign up directly here on our website. Share News Submit your news to Shawn Brummer. Employee promotions, awards, new products or services, community involvement/recognition, job openings, all are welcome! Comments are closed.
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