Dakota CU News & Notes

​Two CEO opportunities, BND foreign currency exchange policy, additional dates added for SalesCU workshops, and don’t forget to refresh your DakCU Mobile! 

DakCU Offices Closed Monday
Dakota Credit Union Association offices will be closed on Monday, October 9, in observation of Columbus Day and Native American Day. Columbus Day is a national holiday which officially celebrates the anniversary of Christopher Columbus' arrival in and the discovery of the American Continent on October 12, 1492. Not all states or regions follow this observance, and instead, they celebrate other events on the day. South Dakota's official holiday on this date is Native American Day, which celebrates the cultures and contributions of the many Native American tribes.
 
BND Foreign Currency Exchange
BND has asked us to share the following information with our credit unions: In 2019, Bank of North Dakota discontinued providing foreign currency exchange services to individuals who were not established BND customers. If your credit union does not have a direct relationship with a foreign currency vendor, recommendations for your customers include using a currency exchange service at an international airport; using an ATM in the country they are visiting; paying by credit card instead of foreign currency; spending the currency in the country they are visiting or sell back at an international airport. Please adjust your institution’s procedures to reflect the options that are available to your members.  
 
Headed to New Ideas Conference in Deadwood? Don’t forget DakCU Mobile!
If you haven’t already done so, please download DakCU Mobile today – available for both Apple and Android devices. We encourage those attending the New Ideas Conference to log in to the app prior to the event for all conference related information, supporting materials, and special announcements. When you first log in, using the same credentials as our www.dakcu.org website, you will receive a six-digit verification code in your DakCU registered email address that you will need to enter into the app. As long as you don’t log out, you will not have to enter another verification code. We suggest you allow push notifications, so you don’t miss any special announcements or updates. Questions? Please contact Lindsey Hefta.
 
Check Scanners For Sale
Ft. Randall FCU has two used check scanners available for just $50 each. The models include one Canon CR-LI, and one Canon CR-80. The machines are all in working condition; the credit union underwent a software conversion and can no longer use. Please contact Audrey Fink at 605-384-5332 if you are interested. The items could possibly be delivered to the New Ideas Conference, or they are willing to work with you to make other arrangements. 
 
Riverfork FCU Seeking Next CEO
Riverfork Federal Credit Union based in Grand Forks, North Dakota, is now seeking its next CEO. With $30 million in assets and nearly 2,200 members, the credit union focuses on its community, members, vision, teamwork, and products to achieve success. Riverfork desires a forward-thinking, community-oriented, service-focused leader to work with an engaged Board of Directors. The selected candidate will be responsible for providing leadership, planning, and oversight of all credit union activities in accordance with policies and objectives established by the Board of Directors. Click here for more information.
 
CEO Opportunity in Nebraska
Spirit of America Federal Credit Union, located in Lincoln, Nebraska, with $60 million in assets, is seeking an experienced leader for the position of President/Chief Executive Officer. A candidate should have a proven track record of excellence as an executive or senior management team member along with a strong business and financial background. The individual must have the ability to work with the board of directors in refining the strategic direction of the credit union; ensure short and long-term financial health, provide outstanding and innovative service to members, ensure operational efficiencies, and establish a strong corporate presence.
 
Qualified candidates must have at least 7 years of executive or senior management experience in a financial institution. A bachelor’s degree in finance or related field is required. Please submit cover letter and resume to: Spirit of America FCU CEO Search, P.O Box 45526, Omaha NE 68145, or email to: [email protected] by October 17th.
 
FREE Webinar: Stand Against Fraud - Trends and Best Practices
Traditional identity fraud and resulting losses are increasing. What can your credit union do? Join Envisant for a free webinar on Tuesday, November 14, at 2:00 p.m. (CT) for a look at fraud trends and best practices for your credit union to help guard against it. Register here.
 
Central Chapter October Meeting
The SD Central Chapter has scheduled their meeting for Tuesday, October 17 at the Huron Event Center starting at 6:00 p.m. The evening’s topic will be cyber security with Ben Prill from Vantage Point. Dinner choice of chicken marsala or roast beef; mashed potatoes, green beans, and dinner roll for $25/per person. Kindly RSVP to Lisa Snedeker no later than October 10.  
 
Credit Unions United Chapter Halloween Social
The Credit Unions United Chapter will hold their progressive Halloween social on Tuesday, October 24 starting at 6:00 p.m. There will be prizes for best group costume, best individual costume, and most creative food. Please RSVP by October 17 to Jennifer Jerauld. Use your brainy creativity and have some spooky fun!

​Celebrating 75 Years of International CU Day!
Join the celebration of the 75th International Credit Union (ICU) Day on Oct. 19, 2023. ICU Day offers a platform to reflect on the credit union movement's rich history and to highlight its current achievements and future aspirations. Since its inception in 1948, the annual event has taken place on the third Thursday of October, serving as a beacon for credit union innovation, member experiences and social impact. CUNA has created a suite of ICU Day products, including free-resource downloads, design-bundle purchases, and a store of branded memorabilia to support credit unions in their celebration planning. Mark your calendars now!
 
SalesCU Training
Due to popular demand, additional workshop dates have been added 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 a solution for you! Additional information on upcoming sessions for 2023 and 2024 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 through Dakota Credit Union Foundation by completing 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.
 
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.
 
Share News
Submit your news to Shawn Brummer. Employee promotions, awards, new products or services, community involvement/recognition, job openings, all are welcome!