Member Login

THE MEMO

DAKOTA CREDIT UNION ASSOCIATION
  • Advocacy
    • Government Affairs
    • Grassroots Action Center >
      • Advancing Communities
      • Bill Tracking
    • Political Fundraising
    • Regulatory Advocacy
    • Preserving Financial Choice for North Dakotans
  • Compliance
    • Compliance Resources
    • Compliance Solutions >
      • AffirmX
      • CECL
      • ComplySight
      • CU CMS
      • CU PolicyPro
      • InfoSight
      • PayLynxs
      • RecoveryPro
      • Training
    • The Memo: Compliance
  • Member Resources
    • Awards >
      • DakCU Awards
      • CUNA Awards
    • CU Awareness (SWAP)
    • DakCU Foundation >
      • Donor Wall
      • Memorials
    • DakCU Health Benefits Trust
    • Financial Well-Being for All
    • Professional Development >
      • Chapters
      • Emerging Leader Program
      • Sales CU Training
      • Training
    • Strategic Partners >
      • CAP Program Directory
      • Compliance Solutions
      • Pee Wee and Friends®
  • News & Events
    • The Memo
    • Events Calendar
    • Annual Summit >
      • Sponsors
    • CUNA GAC
    • MonDak
    • New Ideas
    • Sales CU Training
  • About Us
    • Board of Directors
    • Contact Us
    • Our Team

In the Spotlight: Lori Holtz from Aspire Credit Union

12/2/2022

 
Picture
​“We truly care about our members and not just about making a profit,” says this Chief Financial Officer with more than 20 years of industry experience. 
Picture
​by Shawn Marie Brummer, Communications Specialist 

Lori Holtz grew up in the town of Williston, North Dakota. As a young woman, she played basketball, played the clarinet in the school band, and played tennis throughout high school into her first year of college. Never afraid of work, she babysat full-time during the summers and then assisted as a softball coach and referee for the Williston Recreation Department.

After graduating from high school, she attended Minot State University, working as a hostess at a restaurant and as a campus research assistant, until she obtained her CPA license. She worked briefly doing accounting for a janitorial service, then was hired by the State of South Dakota as a sales tax auditor where she worked for two years.

Her first job at a credit union was as an accountant at Highmark Federal Credit Union in 1995, back when it was known as Rapid City Federal Credit Union. There, she met one of her career mentors, John Carlson, President/CEO. “When I came to Highmark, I knew nothing about the credit union industry,” Lori shared. “I’m thankful for John for hiring me and giving me the chance to learn so much over the years I spent there.”
​
She spent 17 years working for Highmark, and her title grew to financial officer. When her family moved to Minot in 2012, and she decided to take a break from working at credit unions. However, when a Chief Financial Officer position became available in 2016 at Prairie Federal Credit Union, (now Aspire Credit Union), she interviewed and found another mentor in Mindee Kohlman, President/CEO. 

“After I interviewed with Mindee, I knew that Aspire was the right fit for me,” she explained. “We have a great staff and Mindee is an incredible leader – a hard worker who is always willing to pitch in and help with whatever needs to be done.”
​
In her CFO role, Lori is responsible for the accounting functions of the credit union, including the general ledger, preparing the financial reports, and the NCUA 5300 Call Report. She also prepares the asset and liability management reports (ALM), assists with the budget, and monitors their investment portfolio. Finally, she is responsible for the processing of all payroll functions.

Despite being a “numbers person,” Lori truly enjoys the “people helping people” credit union philosophy, and it shows in her involvement in the Dakota credit union network, as well as the greater Minot area community. “We truly care about our members and not just about making a profit,” she stated. “I appreciate the relationships I have built with others in the credit union industry, and I enjoy networking with other credit union employees whether at chapter meetings, the DakCU Summit, or the MonDak Roundtable. I like being able to share ideas and how other credit unions are always willing to help,” she added.

Because of her involvement with the Credit Unions United Chapter, she has been the recipient of their Summit Scholarship. In 2021, she attended the Community Leadership Institute through the Minot Area Chamber of Commerce and has also completed the Life Stage Financial Consultant (LFSC) Program through BVS Dynamic Learning.

Finally, Lori says she is very proud of Aspire for the many hours their staff spends volunteering and giving back to the community. She herself has served as a frequent volunteer for Junior Achievement, Backpack Buddies, the Norsk Hostfest, and even served as treasurer for her girls’ soccer team when they were young.

In her personal life, Lori has been married to her husband, Brett Holtz, for 31 years. Each summer, they rent a cabin in the Black Hills, where they enjoy a “camping trip.” They have two adult daughters: Amanda, who is a travelling nurse; and Alyssa, a college senior. They also have one dog, Rex, a Black Lab mix they adopted as a rescue from Louisiana Hurricane Ida in 2021. While she did complete a marathon once, she says her running days are over.
Now, in her free time, she enjoys travelling, kayaking, and just spending time with family and friends. 

Picture

Comments are closed.

    The Memo

    The Memo is DakCU's newsletter that keeps
    ​credit union professionals updated on current news and information. ​

    Memo Home

    Want the Memo delivered straight to your inbox?
    Sign Up Now


    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021


    Categories

    All
    Action Alert
    Advocacy
    Awards
    Awareness Campaign
    Compliance
    CUPAC/CULAC
    Dakota CUs Give Back
    Events
    Facebook Creeping
    Financial Well Being
    Foundation
    Fraud Alert
    Grants
    In The Spotlight
    Marketing Tips
    Member Solutions
    Miscellaneous
    ND Legislative Update
    News And Notes
    President's Perspective
    Press Releases
    SD Legislative Update
    Webinars

Copyright Dakota Credit Union Association.  All Rights Reserved.
2005 N Kavaney Dr - Suite 201 | Bismarck, North Dakota 58501
Phone: 
800-279-6328 | info@dakcu.org | sitemap | privacy policy
Picture
Picture
Picture
  • Advocacy
    • Government Affairs
    • Grassroots Action Center >
      • Advancing Communities
      • Bill Tracking
    • Political Fundraising
    • Regulatory Advocacy
    • Preserving Financial Choice for North Dakotans
  • Compliance
    • Compliance Resources
    • Compliance Solutions >
      • AffirmX
      • CECL
      • ComplySight
      • CU CMS
      • CU PolicyPro
      • InfoSight
      • PayLynxs
      • RecoveryPro
      • Training
    • The Memo: Compliance
  • Member Resources
    • Awards >
      • DakCU Awards
      • CUNA Awards
    • CU Awareness (SWAP)
    • DakCU Foundation >
      • Donor Wall
      • Memorials
    • DakCU Health Benefits Trust
    • Financial Well-Being for All
    • Professional Development >
      • Chapters
      • Emerging Leader Program
      • Sales CU Training
      • Training
    • Strategic Partners >
      • CAP Program Directory
      • Compliance Solutions
      • Pee Wee and Friends®
  • News & Events
    • The Memo
    • Events Calendar
    • Annual Summit >
      • Sponsors
    • CUNA GAC
    • MonDak
    • New Ideas
    • Sales CU Training
  • About Us
    • Board of Directors
    • Contact Us
    • Our Team