Dakota CU News & Notes
by CUAD Communications
7/31/2020

FREE Demo – SimpliRisk™ Compliance Software

SimpliRisk™ is an affordable and easy-to-use compliance solution for AML/BSA monitoring that provides a comprehensive solution for streamlining compliance operations and reducing risk for your credit union. Attend this FREE demo on Tuesday, August 4 at 2:00 p.m. (CT) to learn more about how SimpliRisk™ can assist your credit union. Click here for more details.

 

Attention ND Credit Unions!

CUAD members are invited to join the Bank of North Dakota (BND) for a FREE webinar on Tuesday, August 18, at 11 a.m. CT. “Collateral Valuations Services Concept and BND Stress Testing Model” will be held through “Your Direct Line with BND Credit Administration” staff, including Kirby Evanger, Dave Falkenstein and Adam Matter. BND has two new opportunities for North Dakota financial institutions: Excel-based Stress Testing Model (a new Excel-based stress testing model developed by BND that financial institutions can use to stress multiple portfolios based on loan to value, cash flow and interest rate); and Collateral Valuation Services (a potential new service they could provide to North Dakota financial institutions consisting of collateral valuation services which do not require a certified appraisal per the regulatory thresholds.)  Sign up here.

 

CUNA “Share Your Story” Campaign Announced

Considering the amazing things credit unions are doing for members during these challenging times, CUNA Operations & Member Experience Council is transitioning to “Share Your Story” in place of this year’s awards program. This is a chance to celebrate and honor how you and your peers are helping members during this challenging year. Submit your story, videos and photos here by August 10, 2020.

 

Attention Credit Union Communicators & Marketers!

Credit unions and credit union employees make a difference in their communities every day, especially when they are needed most. We are asking for your help in gathering some information for a project we are working on. The Credit Union Association of the Dakotas is producing a video that highlights and shares the amazing things credit unions do to help advance their communities. The “Dakota Credit Unions Advancing Communities” campaign video will be shared with lawmakers, community leaders, and the general public during the upcoming election cycle. We hope you can help us by sending updated high-res photos and/or video (shot horizontally) of your community impact efforts, such as staff working or volunteering in your community. This content would only be used during CUAD sponsored events and on our website and social media. Please send photos to Lori Welder, CUAD’s Director of Communications at lwelder@cuad.coop and video can be uploaded via Dropbox at this link: https://www.dropbox.com/request/4AHSSfTkgg8ovlZekbMj. Kindly submit all assets by Friday, August 7, 2020. We appreciate what you do, and we want to share that message. Thank you in advance for helping us with this important project!

 

ULEND Academy Postponed

The ULEND Academy scheduled for Fargo in October of 2020 has been postponed. At this time, we are planning to reschedule the lending course in the first quarter of 2021. If you have any questions or would like to be put on a waiting list for the next available course, please contact George McDonald, CUAD’s Chief Officer of Strategic Services.

 

HB Telco FCU Seeking Assistant Manager

HB Telco Federal Credit Union in Huron, SD is seeking an Assistant Manager. Preferred candidates will have experience in the financial services industry, a high degree of integrity, as well as excellent communication skills and an understanding and commitment to credit union industry principles. While in training, the selected person will work closely with the current Manager for 3 – 6 months, after which time, the Manager intends to semi-retire, or retire. This is an excellent opportunity for a credit union professional with proven leadership skills. For confidential consideration, please submit resume to HB Telco FCU, c/o Board of Directors, 375 3rd Street SW, Huron, SD 57350 or email to hbtelcofcu@qwestoffice.net. For general questions, please contact Jane Ramsell, Manager at (605)352-6933.

 

CU4Kids Miracle Jeans Day

 

Miracle Jeans Day is approaching on Wednesday, September 9. Your credit union can help raise funds for your local Children’s Miracle Network Hospital by allowing employees to wear jeans to work that day in exchange for a donation. If this date does not work, you can choose any day that works for your credit union. You can even create your own, customized, free online fundraising page! Simply click on this link and follow the instructions at the bottom. Be sure to register for Miracle Jeans Day here: http://cu4kids.org/miraclejeansday/.

 

Alloya’s Leadership Symposium to be Presented Virtually

Alloya Corporate FCU has announced its 2020 Credit Union Executive Leadership Symposium will be held virtually from September 10-11. Although credit union executives from across the nation will not be able to gather in Chicago for the annual event, the corporate looks forward to hosting the event online and providing the same great education to credit union leaders free of charge. The Symposium will include two half-days of online education, beginning Thursday, September 10, at 10:30 am CT, and again on Friday, September 11, at 11:00 am CT. The virtual presentation makes it more convenient for credit union leaders to attend, and Alloya has eliminated the registration fee in continuation of its efforts to provide as much relief as possible during these uncertain economic times. For more information and to register for this year’s Symposium click here.

 

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.

 

CUAD Summit Scheduled for October!

The annual CUAD Summit will be held October 5 – 7, 2020 at 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. We will announce in the Memo when registration opens – mark your calendars now, and we hope to see you there! Don't forget about the Alloya Reconnect Summit Scholarships! Small credit unions can receive one FREE registration to this year's Summit! Details 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 and logo 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 including free graphics, suggested social media posts, posters, coloring pages, and more!  

 

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.

 

Share News

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

 

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