Dakota CU News & Notes

Veterans Day holiday observed at DakCU; learn more about the direction of our awareness campaign; and several career opportunities at Dakota credit unions. 

DakCU Holiday Hours
DakCU offices will be closed on Thursday, November 11 for Veterans’ Day. Remember to thank our servicemen and women for their sacrifices to our great country!
 
SWAP Q & A Session Planned
Curious about the new direction we are taking the awareness campaign? Join us for a virtual Q & A session for CEOs and marketing staff on Wednesday, November 17th, at 3:00 p.m. (CT). Watch for your invitation with the meeting link coming soon via email or contact Lindsey Hefta, Director of Marketing, at [email protected] for more information. 
 
Central Chapter Meeting Scheduled
The Central Chapter has scheduled their next meeting for Tuesday, November 16.  Meet at Huron Event Center – 100 4th Street SW – Huron.  Dinner at 6:00 p.m. followed by program: BSA Training with Lisa Snedeker, training director with Dakotaland Federal Credit Union.  RSVP to HB Telco Federal Credit Union at 605-352-6933 or mailto:[email protected].
 
Looking for GAC Crashers!
The Cooperative Trust and Filene have announced that applications are now open for GAC Crashers.  This is a great opportunity for those age 40 and under who are looking to advance their career in the industry.  50 Crashers – one from each state – will be selected to attend the event in Washington, DC.  Crashers receive free conference registration.  Travel, lodging, and food costs are the responsibility of the Crasher and their credit union, so DakCU is offering a $1,000 scholarship for each of our Dakota Crashers!  The first step is to be selected.  If you have a rising star at your credit union, please encourage them to apply for this opportunity.  Details are available here – be sure to meet the December 3rd deadline.
 
Leveraging the Cooperative Advantage
North Dakota State University and the Burdick Center for Cooperatives in partnership with the ND Coordinating Council for Cooperatives is hosting CO-OPERATE2021 at the Bismarck State College National Energy Center of Excellence.  On November 16 – 17, you are invited to celebrate, collaborate, and expand the impact of co-ops by re-energizing the value proposition of the cooperative business model.  This event will bring co-op directors, employees and members together for two days of resource sharing, networking and learning.  Complete agenda, along with speaker and registration information is now available here.
 
DakCU Awards Nominations
Our DakCU Awards are open for nominations and can be found here.  Be sure to get your nominations in by December 17th.  Check out our revamped Awards Page which now includes previous winners and our Hall of Fame winners from 2000 to 2021!  Contact Deb Kruckenberg with any questions.
 
Dakota Plains Seeking Agricultural and Commercial Lender
Dakota Plains Credit Union in Enderlin, ND is seeking an Agricultural and Commercial Lender.  Key qualifications include: Comprehensive understanding of ag/commercial lending; Ability to analyze and underwrite credits; and Ability to oversee and evaluate the entire loan portfolio. A Bachelor’s degree in Business, Ag Economics or other related field, as well as 3-5 years of experience as an ag/commercial loan officer is required.  Experience with FSA, BND, and SBA is beneficial, as well as key skills in organization, and written and oral communications.
 
Essential Duties & Responsibilities:

• Managing/growing an existing loan portfolio within credit union and regulatory policy;
• Fostering relationships with new and existing members;
• Ability to gather information and perform credit analysis;
• Preparing credit presentations for review at Loan Committee;
• Making credit decisions independently and as part of a loan committee;
• Documenting loan advances, application of proceeds and tracking loan payments;
• Work with branch manager and consumer loan officers to provide solutions and products;
• Engage in communities within the field of membership to positively promote the credit union.

 
Dakota Plains offers a competitive salary and benefits package, including: 401k, health/dental/vision insurance, AFLAC, vacation and sick leave pay, federal holidays, incentive pay plan, flexible spending account, long term disability insurance.
 
Submit resume in confidence to Lisa Mathern at [email protected] or contact her for further information at 701-493-2334 Ext. 5321.
 
Levo CU Seeking Accountant
Looking for a career in finance, but not sure the traditional CPA role is for you?  Levo Credit Union in Sioux Falls, SD is looking for a detail-oriented, service driven individual to join their Accounting & Payments Department.  Join a growing financial institution that is dedicated to serving their members and equipping staff.  Be a part of a passionate and caring organization with great benefits including health, vision, dental, paid time off, paid holidays and great day time hours, life insurance, long and short-term disability, pension plan, 401(k) option, and many more.  In this role, you will perform tasks necessary to reconcile and update general ledger and subsidiary accounts, prepare financial and regulatory reports, and other accounting related functions. These other functions include, but are not limited to: 

• Process and ensure proper reporting of fixed assets, prepaid expenses, investments, accounts payable, participation loan accounting, and other assigned sub-ledger processing and balancing.
• Assist in the preparation of financial reports ensuring that all reports, practices, and policies adhere to Generally Accepted Accounting Principles (GAAP), Nation Credit Union Association (NCUA) regulations and any other applicable rules and regulations.
• Assist with abandoned account reporting and escheatment.
• Prepare and maintain proper documentation that meet all risk assessment and audit requirements.
• Daily and monthly reconciliations, ACH processing, share draft processing, cash position monitoring, member payroll processing, ACH dispute resolution follow-up, return deposit items, tax reporting, and accounting related research.

Apply here: https://www.levo.org/about/careers
 
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!