Dakota CU News & Notes
by CUAD Communications


Employee Safety & The Workplace of Tomorrow Live Webinar

CUNA Mutual Group will be holding a live webinar, “Employee Safety & The Workplace of Tomorrow” on Wednesday, May 13 at 1:00 p.m. (CT). This webinar is provided at no additional cost, and will last for approximately one hour. Yesterday’s branch of the future plan likely looks a lot different than today's. In fact, COVID-19 has led to a quicker adoption of credit union’s plans that may have been looking ahead to embrace digital technology, remote work, and branch configuration. Expert panelists will discuss: Re-thinking the future branch; Remote work challenges; Re-opening the physical branch; Office hygiene; and Health, safety, and security issues. REGISTER HERE. If you are unable to attend at the assigned time, you can sign up to get an email link to the recording.


Free Webinars for You & Your Team!

Looking for free learning opportunities to keep you informed about the latest happenings in the industry? CUNA Strategic Services and its trusted alliance providers offer free informational sessions on topics that you should know more about. Upcoming webinars include: Coronavirus – Business Continuity Lessons; Financial Crime Management; and Fraud Prevention and Management. Click here for more details and to register.


National CU Foundation Impact Report

The National Credit Union Foundation has released their Impact Report for 2019. Much was accomplished last year, including: $100,000 given away in grants to improve financial health and well-being, including support for Biz Kid$ competitions; 184 emerging credit union leaders graduated from the Foundation’s Credit Union Development Education (DE) Program; the Foundation Dinner for the Herb Wegner Memorial Awards had 900 attendees and handed out 4 awards; and $42,000 was distributed through CUAid for disaster relief for the Alaskan earthquakes and California wildfires. Download the full Impact Report here.


CUNA Award Entries Due by June 26

CUNA's National Award programs are designed to encourage and recognize distinguished credit unions which demonstrate social responsibility (the Dora Maxwell Award), the credit union philosophy (the Louise Herring Award), and financial education (the Desjardins Awards). In an effort to streamline the submission process for our member credit unions and to reduce financial and human resources spent on the submission process, CUNA and the Leagues have collaborated to produce one standardized format and online submission process for our member credit unions. Find more information and submit your application here on the CUAD website. Applications are due by June 26. Questions? Contact Debbie Kruckenberg for assistance.


NCUA & Emergency Grants

NCUA announced that it is committing the majority of the 2020 Community Development Revolving Loan Fund appropriation for COVID-19 assistance. The agency is committing $1,375,000 for grants to eligible low-income credit unions. Eligible credit unions have until May 22 to apply for the COVID-19 emergency response grants through the NCUA’s CyberGrants portal. The NCUA will make awards on a first-come, first-serve basis until the allocated funds are fully exhausted.


NCUA & Mentoring Grants for Minority Depository Institutions

Small, low-income credit unions designated as minority depository institutions may apply for mentoring grants from NCUA starting on May 1 through June 30. Rural and underserved communities will be especially hard hit by the financial and economic disruptions resulting from the COVID-19 pandemic. This mentoring program provides needed resources to help minority depository institutions continue to support the needs of their members and communities during this difficult time. The agency’s Office of Credit Union Resources and Expansion will make grants of up to $25,000 available to help small institutions establish mentoring programs with larger, low-income-designated credit unions that can provide expertise and guidance in serving low-income and underserved populations. Credit unions selected for the mentoring program will participate in NCUA-led group meetings and training relevant to their needs and will share progress on the mentoring partnerships. Interested credit unions can find applications through the agency’s CyberGrants online portal. Application guidelines are available on the agency’s website. Staff from the NCUA’s Office of Credit Union Resources and Expansion will be available to answer questions about the program through June 25. Credit unions should submit questions by email to CUREAPPS@ncua.gov.


New Summit Date – Same Location!

In the interest of protecting our members and the greater community, we have made the decision to move the Summit to October 5 – 7, 2020 at the same venue: the Sioux Falls Convention Center and Sheraton Hotel. Our Summit Meeting this year will take the place of our New Ideas Conference, which typically takes place in the fall. The New Ideas Conference will be added back into our 2021 event lineup. Our 2021 Annual Summit will return to a spring timeframe.


Crash Filene's The Art + Science of Organization

 Credit union professionals age 35 and under are invited to apply for a virtual and interactive event from Filene's research centers to tackle the biggest factors impacting the way credit unions run and the impact on their employees. The Art + Science of Organization takes place June 16 & 17 when Filene Fellows Huggy Rau and Sekou Bermiss will share their work on how credit unions need to start with people and processes rather than jumping to solutions. You will have a chance to join virtual facilitated sessions to put ideas you have learned into action plans that can be taken back to your organization. Crashers will participate in additional content with a focus on professional and leadership development. This event is great for Finance and Human Resources focused career paths. However, all rising talent is welcome. Applications are due by June 10, 2020 at 11:59 PM CST. Contact cortneya@filene.org with any questions. APPLY HERE.


2020 ICU Day

Yes, it is very early to be talking about International Credit Union Day, but with the global crisis we are facing with COVID-19, this year’s planning may take some extra creativity! The theme was recently announced: Inspiring hope for a global community” – which reflects how credit unions contribute to a brighter future, even at times like this. How will you celebrate ICU Day? Click here for more information, and to sign up for email updates on the annual event.


InfoSight Discussion Boards for CUAD Members Only

We have Discussion Boards for CUAD members only on InfoSight which you can find here: https://dakotas.leagueinfosight.com/discussionboard. One board has been specifically designated for the “COVID-19 Pandemic” and is meant as a venue where Dakota credit unions can ask questions, share, and discuss locally what they are doing during this unprecedented time.

There are additional resources within InfoSight which are being updated continuously. In the Security Channel, a new section has been added under Business Continuity Planning: Pandemic Preparedness. In addition to this content, you will want to also review your state’s health authority websites. All of them a have COVID-19 pages that provide local information and recommendations. Here is South Dakota Department of Health’s webpage on the topic and North Dakota can be found here.

InfoSight is a dues-supported (free) product for all CUAD affiliated credit unions. If you haven’t already, you may request an account here: https://dakotas.leagueinfosight.com/. Contact Amy Kleinschmit with any questions regarding InfoSight.


Tell Us What You Are Doing to Help During COVID-19 Crisis!

CUAD is here to serve our members, and one way to make sure we are doing our job to the best of our ability is to stay informed! While we are monitoring the local and national news, as well as social media, we would like to hear from you. Be sure to tell us what you are doing for your members, staff, and your community during this time of crisis as we are all doing our best to prevent the spread of the dreaded coronavirus.

Submit your news to Shawn Brummer. Employee promotions, awards, new products or services, community involvement/recognition, job openings, all are welcome!



<< Go to Memo List