Greetings, and happy Monday!
It sure seems we blasted right through the dog days of summer and right into the busy fall season. Farmers are in the fields, schools are open, and fall activities and events are in full swing – which also means election 2022 is just around the corner.
We are just 71 days away from the general election, which is Tuesday, November 8. With the 2022 election right around the corner, credit union advocates and volunteers need to be properly prepared and engaged with local and state lawmakers and candidates this election cycle.
We know that lawmakers don’t fully understand the cooperative structure and the mission that credit unions fulfill in their communities; that’s why we have our special tax status. To be “special” in the eyes of our members and policy makers, we need to tell our story to lawmakers and candidates and deliver on our financial well-being for all mission.
To connect with lawmakers and candidates this election cycle we will be canvasing the Dakotas with our chapter Pints and Politics events over the next two months. These highly successful events are credit union specific and bring our advocacy and grassroots efforts to the chapter level. Our chapter program is skillfully designed to bring credit union professionals and state legislative representatives and candidates together for an informal evening of credit union education and advocacy awareness. More importantly, these types of events have achieved measurable results over the last decade. The list of upcoming events can be found here, and we will also be reaching out to chapters members via email, so be sure to check your inbox for dates and times for an event in your area. I’m looking forward to our first Pints and Politics event next Tuesday, September 6th, in Minot with the Credit Unions United Chapter.
ND Senators join in asking NCUA to return recovered US Central member capital
North Dakota credit unions are being disregarded as the National Credit Union Administration (NCUA) distributes recovered capital shares to credit unions across the country. In all, Dakota credit unions, and ultimately their members, are being deprived of more than $10 million as the NCUA cites a “technicality” that precludes North Dakota from the settlement.
The Dakota Credit Union Association (DakCU) along with 30 credit unions in the state are working closely with North Dakota Senators to convince the NCUA to release these recovered capital assets. Click here to read the joint letter from Senators John Hoeven and Kevin Cramer, urging the NCUA to do the right thing and return this money to the rightful owners. In addition, I have submitted an op-ed to all North Dakota media outlets and to the trade magazines that takes a deeper dive into the issue and why the NCUA needs to do the right thing and find a path to return these assets to North credit unions and their member owners. You can find my complete op-ed in today’s Memo.
Open House for Debbie Kruckenberg this Tuesday
“Far and away the best prize that life offers is the chance to work hard at work worth doing.” This a quote from our 26th President and adopted North Dakotan, Teddy Roosevelt, that I share often as it is an appropriate description of what we do as credit union professionals every day. It is also a fitting tribute to Debbie Kruckenberg, who has dedicated 46 years of service to Dakota credit unions. As many of you know, Debbie will be retiring at the end of the month. I hope you can join us and help celebrate Debbie’s long tenure and devotion to you and your members. The open house will be tomorrow, Tuesday, August 30, from 1 to 3:30 at DakCU’s Bismarck office at 2005 N. Kavaney Drive. For those who cannot attend in-person but would like to “plug in” to say hello, please use this Zoom link to pop in! The link will be live throughout the reception.
Save on New Ideas Conference registration with Early Bird Special
Registration is open for our 2022 New Ideas Conference – and we have a great deal for those who register by September 9th! The Early Bird fee is just $299 per person – that’s a savings of $50, so be sure to register now for the best pricing. DakCU’s New Ideas Conference will leave you excited, invigorated, and inspired with new concepts, as well as actionable steps and key takeaways that you can implement at your organization immediately. This is always a crowd favorite and space is limited. Click here to learn more.
Foundation Golf Outing raises more than $7,000
The initial accounting following the Dakota Credit Union Foundation’s Golf Scramble indicates that we have netted just over $7,000 from this year’s event! Once again, I want to thank our Foundation volunteers who ran the registration table, including Foundation Board Chair Darla Schafer, Flasher Community CU; Keith Mantz, Capital CU; Jim Schaefbauer, United Savings CU; April Tompkins, Explorers CU; and Jane Duerre, Norstar FCU.
Dakota Credit Union Foundation Raffle progressing nicely
Speaking of the Foundation, as of last Friday, 53 tickets have already been sold for the eBike Raffle! Remember, only 250 tickets will be sold! The prize drawing will be held at the New Ideas Conference in October for the pair of Ride1UP 700 series electric bikes, a prize worth $3,390! One suggestion – any credit union can buy up to five (5) tickets and if they are the winner, they could use as a prize at their annual meeting or for any other member incentive! Get your tickets and learn more here.
GAC – Save the dates
Last week, CUNA opened registration for their 2023 Governmental Affairs Conference (GAC) which will be held February 26 – March 2, 2023. Once again, DakCU will have our “One Stop GAC Shop” ready for you – which will have the links for registration, accommodations, scholarships, and Crasher information all in one place. We will have this ready in plenty of time for you to register, so rest easy. We will make the announcement in the Memo for your convenience, but meanwhile, mark those calendars!
Congratulations to Steve Streier, CEO of Area FCU
Finally, please join me in congratulating Steve Streier who was recently named CEO of Area Federal Credit Union in Aberdeen, SD. Steve is well qualified for this position, as he has more than 25 years of credit union experience and was the VP of lending at Area FCU for over 20 years. Best wishes for continued success as Area FCU continues to serve their members and their community!
Have a great week, and thanks for all you do!
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