President/CEO Opportunity in Sidney, MT
Richland Federal Credit Union, a growing $110 million credit union located in the agricultural community of Sidney, MT, in the Lower Yellowstone River Valley, is seeking an individual to succeed their retiring president/CEO. The successful candidate will provide strategic direction in all areas of credit union operations and assist the board in setting the long-term strategic vision for the credit union. They must have a thorough understanding of investments, with agricultural and consumer lending experience a plus. This individual will have a proven track record of community service, personnel management, communications, problem-solving, and organizational skills along with a high degree of integrity. Preference will be given to candidates with credit union experience, including progressive management and a college degree. Salary commensurate with experience.
To apply, please submit a letter of interest and resumé to: Board Chairman, 201 W Holly Street, Sidney MT 59720 or email to CEOSearch.RFCU@gmail.com by July 22.
Vice President Position in Lincoln, NE
Spirit of America Federal Credit Union is hiring a Vice President. The position is focused on operations, accounting, and compliance. Responsibilities include NCUA Reporting & Compliance; Regulatory Compliance to include but not limited to: Regulation CC, BSA, TIS, TIL, CECL, FCR; Investment and Deposit Activity; Records Preservation; Security – Members and Staff; Monthly Financial Reports; Vendor Relationships to include: Due Diligence, Contracts, Audits, Recordkeeping; Assist President with H.R.; Assist President with duties as assigned such as research, projects and new services; and Board of Directors Reports and Research. Financial Institution Experience required, federally chartered Credit Union experience preferred. Education: Bachelor’s Degree in Accounting or Business Administration preferred. Salaried position with a starting salary of $51,624 - $64,518. The Credit Union’s office hours to serve members are 8:30 a.m. to 5:00 p.m. Monday thru Friday.
Please send a letter of interest, resume with three professional references, and salary history by August 5, to Rhonda Litt, email@example.com.
Fair Lending: Using AI to Democratize Compliance Webinar
You are invited to a free webinar held by our strategic alliance partner Scienaptic AI on Tuesday, July 12 at 10:00am ct. AI holds great promise for identifying and enabling traditionally underserved groups in lending. Through AI, we can minimize subjectivity and bias, generate more consistent outcomes, increase efficiency, and make better decisions. Algorithmic and AI-based systems, when properly conceived and managed, can expand opportunities.
That said, transitioning to AI-based algorithms requires the right regulatory lens and framework. An Advisory from the CFPB on digital redlining and its impact on fair lending practices highlights the urgent need for the right regulatory framework. This webinar will attempt to address the questions around the usage of AI to enable fair lending, elucidate how explainable AI supplemented by the right safeguards will serve to supplement compliance guidelines around fair lending, and get insights from the impactful stories of practicing lenders who have implemented AI in their lending processes. Click here to sign up.
For more information about Scienaptic AI or other strategic partners please contact George McDonald, DakCU's Chief Officer of Strategic Services.
Your SWAP $$ At Work!
If you are in the Rapid City area, be sure to watch for the new billboards promoting Dakota credit unions and YourMoneyFurther.com. Also, keep your eyes open for both digital and printed SWAP advertising – started statewide across both North and South Dakota! Our highly visible campaign includes both digital and printed billboards, online ad display networks, and printed newspaper ads in our contributing markets. Artwork on all platforms will be changed often to keep it fresh and eye-catching. Plus, don’t forget to pay attention to Gas Station TV (GSTV) whenever you are filling up your tanks, because those ads are running through the summer months! And remember, contributing credit unions also have enhanced listings on yourmoneyfurther.com, so be sure your listings are all customized and updated to maximize your placement(s)! Contact Lindsey Hefta if you have any questions, or to learn how you can support our Statewide Awareness Program (SWAP).
Site-Four 10th Anniversary Open House Planned
Site-Four, a CUSO started by Explorers CU in 2012, is celebrating their 10th anniversary with an open house celebration on July 28th. This is a great opportunity to meet the Board of Managers and learn more about this CUSO that performs data processing for more than 100 credit unions across the country. Everyone is welcome, but kindly RSVP to April Tompkins or Alan Rogers. Feel free to contact April with any questions!
Register Now for Discovery2022
For more than a decade, credit union leaders have expected big things from CUNA Mutual Groups’ Discovery conference. This year, you can expect even more! Discovery2022 will offer sessions to help with your strategic planning and brand-new opportunities for networking with the credit union colleagues you’ve missed. The networking addition is thanks to an entirely new virtual conferencing platform, which also promises greater interactivity and richer learning experiences for everyone. Collaboration is the beating heart of the credit union movement, register now to join us on August 11, 2022, for an all-day, immersive (and free!) occasion. More information and registration is available here.
America’s CU Museum – Credit Union Women Making History
America’s Credit Union Museum has announced the launch of a new “Credit Union Women Making History – Herstory” exhibit. Honoring the past, present and future of the incredible women making history in the credit union industry, Herstory will be an interactive exhibit showcasing inspiring stories never heard before. The new exhibit will premiere at the museum’s 20th Anniversary celebration in September 2022. In addition to a physical display at the museum, the exhibit will have an online presence that shares stories through virtual visits. Everyone is invited to nominate a CU Woman from the past, the present, or someone whose work today is contributing to the future of the movement. For more details, click here.
Free Webinar Series for Small Credit Unions
There is a free webinar program for smaller credit unions from CUNA. In this series, you will be connected to business partners that are vetted and known to work well with smaller credit unions. Partnering with CUNA Strategic Services, the goal is to deliver direct to your office presentations on services from small credit union-friendly vendors that can help you enhance your organizations and the services you offer members. Each month, two small credit union-friendly providers will present how their offerings can enhance your service to members. This free series takes place every second Thursday of the month now to December. Register for the series 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.
In the Spotlight
Do you know someone at your credit union or another credit union, either employee or volunteer, who has an interesting story? Nominate them for the CU Professionals Spotlight by emailing their name and a brief explanation of why they are “Spotlight” material to Shawn Brummer.
Submit your news to Shawn Brummer. Employee promotions, awards, new products or services, community involvement/recognition, job openings, all are welcome!
The Memo is DakCU's newsletter that keeps
Want the Memo delivered straight to your inbox?