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The President’s Perspective

4/30/2024

 
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​Summit registration closes this Friday – please register now! Plus, ND CU4Kids Micropreemie Care Unit moving forward, and other great news from the Dakotas! 
Greetings,

Last week, I had the opportunity to attend America’s Credit Unions’ National Credit Union Roundtable meetings. This is an annual spring event where top industry credit union leaders are invited to discuss and dissect our movement’s biggest opportunities and challenges. I had the privilege to tag along with Steve Schmitz from First Community Credit Union and Jerry Schmidt from Black Hills Federal Credit Union.

Even though we jammed a lot of dialogue into to a short time frame, each session provided not only an opportunity for America’s Credit Unions to share updates, but for industry leaders to network and share on how we can best serve members and our communities.

Having meaningful discussions with credit union CEOs and other industry leaders about the current operating environment is the objective of this National Roundtable. More importantly, we take a deep dive into how we can lead during uncertain times and prepare our credit unions for meaningful growth and relevance. 

Topics covered last week included: 
  • The future of credit union advocacy, including how to remain on offense when sharing the credit union difference;
  • How credit unions can continue to disrupt the financial services industry to benefit current and future members; and  
  • How data and emerging technologies such as AI present a world of new opportunities–and new challenges.   

Let’s connect at the Summit! You still have time to register for our 2024 Annual Meeting.  
This Friday, May 3, is the final day to register for Summit. Our team has put together a truly exceptional conference this year with some exciting changes, such as a pre-conference session for small credit unions and training sessions specifically for volunteer board members. We are also looking forward to the annual golf outing, the exceptional keynote speakers, the awards banquet, and so much more. As always, you will leave feeling inspired, energized, and excited about the credit union movement!

Please note the room block we had set aside at Grand Falls Casino & Resort is completely full; however, we encourage you to get on the waiting list there by calling 712-777-7777. We also recommend making backup reservations at our overflow hotel, GLO Best Western Dawley Farms in Sioux Falls. Call 605-275-4000 and ask for the Dakota Credit Union block. If you have any questions about hotel arrangements, please contact Paige Langhoff, DakCU’s office coordinator.

ND CMN Micropreemie project moving forward!
Last year we decided to GO BIG and BOLD by committing to support our local Children’s Mircale Network Hospitals. I am very excited to share that North Dakota credit unions have made just over $407,000 in pledges for the CU4Kids Micropreemie Care Unit campaign benefiting the Sanford Children’s Miracle Network Hospital in Fargo. We are very close to reaching our goal of $500,000! If your credit union would like to join the growing list of pledges, be sure to contact Shawn Brummer as soon as possible.
 
As a reminder, you can choose when to start fulfilling your pledge and how long you need to fulfill it. We are planning a big announcement at Summit and will be acknowledging all contributing credit unions at that time. I am happy to share that 17 credit unions have already committed support! Families experiencing the emotional and financial hardship of a premature birth will receive hope and healing close to home, thanks to supporters like you! Click here for more information about the project and the various recognition benefits you will receive for
contributing at different levels.
 
Town & Country CU opens new location
Minot based Town & Country Credit Union has opened a new location inside the atrium of Trinity Health Hospital in Minot. On April 11, a ribbon cutting ceremony was held to celebrate the credit union’s fourth Minot location and twelfth overall in North Dakota. Congratulations to Interim President/CEO Stefanie Rupert and the entire staff on this major accomplishment!
 
Congratulations Tiffany Mutchler!
I am excited to share that Tiffany Mutchler, marketing manager at Voyage FCU (Sioux Falls, SD), was recently elected to the executive committee of America’s Credit Unions Marketing & Business Development Council. We are thrilled that our Dakota credit unions will be represented on this national committee! Congratulations, Tiffany!

Looking to engage Gen Z and Millennials? 
Dakota Credit Union Association’s new strategic partnership with Sparrow, a leader in fintech solutions, can help your credit union with a new path for younger membership growth. Sparrow offers expertise in catering to the unique preferences and needs of Gen Z and Millennial members through education financing! Join us for a complimentary webinar on Wednesday, May 1, at 10:30 a.m. (CT) to discover how Sparrow can propel your credit union into action with their state-of-the-art platform so you can offer student loan services without the complexities of traditional lending processes. Utilizing their innovative platform, Dakota credit unions can attract the next generation of members by delivering a seamless digital experience during a critical time of financial need: financing education.
​
Make it a great week of serving members and improving their financial well-being! 
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DakCU President/CEO 

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  • Advocacy
    • Bill Tracking
    • Grassroots Action Center
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  • Compliance
    • Compliance Resources
    • Compliance Solutions >
      • AffirmX
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      • PayLynxs
      • RecoveryPro
      • ViClarity
      • Training
    • The Memo: Compliance
  • Member Resources
    • DakCU Awards
    • Financial Well-Being for All
    • Professional Development >
      • Chapters
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    • Strategic Partners >
      • CAP Program Directory
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    • SWAP: CU Awareness
  • News & Events
    • The Memo
    • Events Calendar
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