Dakota CU News & Notes
by CUAD Communications
6/19/2020

Dakota Plains Search Begins for Next CEO

With the approaching retirement of Mike Reisnour this fall, Dakota Plains Credit Union (DPCU) has begun their search for the next President/CEO. Headquartered in Edgeley, North Dakota, the credit union also has branches in Ellendale and Enderlin. DPCU manages a growing and strong agricultural/commercial lending portfolio. The President/CEO position requires active participation in the community that promotes DPCU's visibility and continued growth.

The new President/CEO must have the ability to work collaboratively with the Board of Directors in defining DPCU’s strategic direction and must be an experienced executive who can provide outstanding leadership and direction, while overseeing the safety and soundness of the credit union's financial structure. The Board of Directors is seeking an individual with a proven track record of excellence, a high degree of integrity, and excellent communication skills. A thorough understanding of agriculture, commercial, mortgage and consumer lending is required.

A minimum of three years of experience as a senior officer of a financial institution or five years senior management experience in a financial institution of equal or greater size is desired. Educational background with bachelor's degree in business, finance or a related field from an accredited college or university is preferred. For confidential consideration, please submit resume to DakotaPlainsCU@ahoconsulting.com.

 

CUNA Mutual Group Discovery 2020 Conference

Join thousands of credit union leaders across the country online on Thursday, August 13 for a day of Discovery! This free conference is designed to help boost your strategic planning with innovative ideas and key insights. Learn more and register here.

 

Corporate Credit Unions Collaborate for Payment Services

 

Alloya Corporate Federal Credit Union, Catalyst Corporate Federal Credit Union and Vizo Financial Corporate Credit Union have united as joint owners of the payments fintech Aptys Solutions, LLC to provide state-of-the-art payment services. The new partnership expands the base of financial institutions that will have access to Aptys Solutions’ payments technology services. Aptys Solutions will continue to operate as a stand-alone subsidiary, serving both credit unions and banks and retaining its management team and employees. The consortium will be governed by a board comprised of representatives from the three corporate credit unions and other future investors. For the full press release, click here.

 

 

CUNA Award Entries Date Extended

In light of the COVID-19 circumstances, the CUNA Awards Committee has decided to extend due dates for applications this year to July 24. Be recognized for your good work! CUNA's National Award programs are designed to encourage and recognize distinguished credit unions that 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. Questions? Contact Debbie Kruckenberg for assistance.

 

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.

 

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!

 

Is Everyone Reading the Memo?

Each week in the Memo, we strive to bring you the latest important information related to advocacy, compliance, educational opportunities, COVID resources, and more. Is everyone at your credit union receiving this information? Be sure we have the names, titles, and email addresses of any new employees. The more information your staff has, the better for all of us! Email Shawn Brummer to be added to our distribution list.

 

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