Breaking News: Form NCUA Board Members file Lawsuit against Administration and Board Chair Hauptman. Yesterday, former NCUA Board Members Todd Harper and Tanya Otsuka filed a lawsuit in the U.S. District Court for the District of Columbia challenging their recent removals and seeking reinstatement to the NCUA Board. Their lawsuit also asks the court to prohibit any final agency action taken by Chairman Kyle Hauptman. In addition to the President, other named defendants include NCUA Board Chairman Kyle Hauptman, Treasury Secretary Scott Bessent, NCUA Executive Director Larry Fazio, and White House Deputy Director Trent Morse. Harper and Otsuka’s action is similar to recent legal challenges brought by other former federal agency officials, including those from the Federal Trade Commission and National Labor Relations Board. While the statutes governing those cases differ somewhat from the Federal Credit Union Act, we understand that these lawsuits may still influence how courts evaluate this latest challenge. At this time, there is no certainty regarding the outcome of the case. However, if the court sides with Harper and Otsuka and grants the relief requested, it could invalidate any final agency actions taken by Chairman Hauptman from this point forward. It’s important for our Dakota Credit Unions to know is that routine NCUA functions, such as supervision, examinations, and the administration of the Share Insurance Fund will not be disrupted. Along with our partners at America’s Credit Unions , we are closely monitoring this situation. We continue to advocate for an independent, bipartisan NCUA Board — a position critical to ensuring balanced oversight for the credit union industry. As the administration has not yet nominated candidates to fill the two vacancies, we will also engage directly with our key congressional contacts in Washington, D.C. as well as the NCUA and America's Credit Unions to understand how Chairman Hauptman plans to proceed as a one-member board. Let’s Connect at the 2025 Summit – Register by This Friday! We are two short weeks away from the Dakota Credit Union Association’s 19th Annual Summit and Annual Business Meeting, taking place May 12–14 in Fargo, ND — and early registrations are pointing to record-breaking attendance! This could very well be our largest and best attended Annual Summit in our 19-year history as the Dakota Credit Union Association. We are especially honored to welcome America’s Credit Unions Board Chair, Pat Pierce, who will be joining us in Fargo. Not only is Pat a friend, but he is also a lifelong credit union and league system supporter. In addition to his role as Board Chair, Pat serves as President and CEO of City & County Credit Union, St. Paul, MN and previously worked at the Minnesota Credit Union Network. His passion for credit unions is unmatched, and we are thrilled to have him with us.  Pat Pierce, America’s Credit Unions Board Chair Our 2025 Summit objective is to rally, inspire, and motivate you, your team, and your volunteers. Our goal is for you to leave Fargo as "Credit Union Champions” energized and equipped to lead through today’s challenges. This couldn’t be more timely. As our movement navigates through unprecedented and uncertain times, we cannot afford to be passive. Now more than ever, we must step up as champions for our members, our communities, and the future of the credit union movement. If we are not defining the debate on our terms, others will. Decisions impacting our institutions are being made every day by policymakers — and if we aren’t at the table, we risk being on the menu. I passionately believe that protecting and enhancing our operating environment will be the greatest contribution we make to the long-term sustainability, growth, and relevance of credit unions. Meet Our Outstanding Keynote Speakers We’ve put together a powerful speaker lineup designed to inspire and energize you: We’ll kick off our event with a former top-ranked tennis professional turned peak performance coach, Jeff Salzenstein, will share life lessons on resilience, leadership, and sustained excellence. Summit Attendees will truly be moved and inspired by Janine Stange speaker and singer, famously known as the “National Anthem Girl.” Janine's remarkable story of singing the National Anthem in all 50 states and her mission to honor our military will leave you feeling motivated and proud. (Featured on the TODAY Show, NBC Nightly News, and more. Our favorite Economist, Steve Rick, Chief Economist at TruStage, is back again for his annual economic review as well as his personal vital insights into economic trends shaping the credit union landscape. Risk, Fraud and Cybersecurity concerns keep us all up at night, Jon Waldman, President and Co-founder of SBS CyberSecurity, will be on hand to provide the latest cybersecurity trends and risk management opportunities for credit unions. Employment law is always a key component of our credit union operations, Chad Richter – Principal at Jackson Lewis P.C. will tee up employment law updates, trends, and workplace leadership training for today’s evolving environment. Each year we focus on providing helpful insights on strategy facilitation. This year Catie McDonald from FarWell will share to implement transformative financial well-being strategies within your credit union’s mission. We all are trying to get a handle on and navigate into the work of AI, and how it will impact the financial cooperative industry, we’re excited to feature Pete Lunenfeld, Founder and CEO of CurrentWave AI, to share his trailblazing innovations in bringing generative AI to business across the country. Dakota CU leaders will get fresh fintech insights on how to deepen member relationships from Adam O’Connell – VP of Sales & Strategic Partnerships at Pulsate And finally, Crystal Streeper League Service Lead from our Partners at ViClarity will be on to share top-notch compliance expertise and support for our credit unions. There’s Still Time to Register — But Hurry! There’s still time to register for the 2025 Summit! We’re bringing back our enhanced three-day format, packed with:
Our Delta Hotel room block is full, but you can still join the waitlist by calling 701-277-9000 ext. 4. Overflow hotel options include:
Don’t wait — registration closes this Friday, May 2! Click here to register and find full event details. Stack the PAC: Recognition & Fundraising Event To kick off Summit week, the South Dakota and North Dakota Governmental Affairs Committees will host a PAC Recognition and Fundraiser on Monday, May 12 at 7:30 p.m. at the Delta Hotel. We’ll recognize last year’s GAC contributors, and all supporters (via payroll deduction, direct contributions, or sweepstakes entry at the $24 CU Advocate level) are invited. Not yet a contributor? No problem — simply donate $24 at the door to attend. We hope to see you there! Support the Foundation: Cash Stash Sweepstakes & GAC Silent Auction Our Dakota Credit Union Foundation continues to meet its strategic mission of supporting our credit union affiliates as well as promoting the financial welfare of the communities we serve. In effort to help the Foundation meet their objectives this year they are once again sponsoring their annual fund raiser at the Summit with the Cash Stash Sweepstakes where attendees will have the opportunity to win big!
Funds raised benefit the Roger Heacock Hike the Hill Scholarship Fund, which has awarded 83 scholarships totaling $63,500 since 2008! Can your credit union donate an auction item? We ask for items with a retail value of at least $75–$100 (or more). Every donation helps grow advocacy efforts! Sanford Health to Celebrate New CU4Kids Micropreemie Unit Save the Date! Sanford Health will host a special ribbon cutting ceremony to celebrate the opening of the new Credit Union for Kids Micropreemie Unit:
Final Reminder: Registration closes this Friday, May 2! Secure your spot at the 2025 Summit and be part of something extraordinary! Levo Credit Union: Making a Powerful Impact! Congratulations to Levo Credit Union for once again making a difference through Operation Hope and Caring! Partnering with Air Madness and KELO-TV, Levo raised an impressive $18,861.21 to support Sioux Falls students with essentials like winter gear, school supplies, and more. This incredible effort marks the second-highest fundraising total ever — proof that our credit union community continues to shine through service and compassion. Have a wonderful week,  DakCU President/CEO
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