Dakota CU News & Notes
by CUAD Communications

Capital Credit Union Promotes Chad Williams

Chad Williams was recently promoted to business and ag manager vice president at Capital Credit Union’s Main Office. In this role, Williams will oversee business services staff while managing and growing the credit union’s business and agriculture portfolios. In addition, he will continue to serve business and ag members in New Salem, Hazen and Beulah. Williams graduated from Northern State University in 2000 with bachelor’s degrees in accounting and finance. He has been with Capital Credit Union since 2018, most recently as vice president of member services at the New Salem, Hazen and Beulah branches. Congratulations Chad!


Missed the SimpliRisk™ Compliance Software Demo?

In case you missed the recent SimpliRisk™ Compliance Software Demo from PayLynxs, you can still view the recorded version! Contact George McDonald or Amy Kleinschmit and they will be happy to send you the link so you can view it at your convenience. Learn more about this 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. Don’t forget to ask about the special summertime promotion exclusively for CUAD affiliated members! Receive one FREE month of service after 12 months of billing (13th billing month is free)! This promotional offer applies to new contracts only, and you must sign up by September 30, 2020. Contact Sylvia Basso, PayLynxs VP of Sales & Account Management at 503.987.0343 or visit www.paylynxs.com to learn more.


Discovery Conference Next Thursday

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


August 10 Deadline – CUNA “Share Your Story”

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.


BND Webinar for 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.


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.


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.


Pints & Politics Cancelled for This Fall

Due to the current pandemic situation and the uncertainty of how candidates will be campaigning this fall, CUAD has made the decision to cancel our legislative chapter “Pints & Politics” events this fall. We will be reaching out to legislative districts and candidates with credit union information and a link to a video showing how Dakota credit unions improve lives and advance our communities. If your chapter still wants to meet in-person or virtually, feel free to reach out to Jay Kruse, Deb Kruckenberg, or Jeff Olson for program content and/or for an advocacy/election update in person or on a virtual platform.


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

ICU Day will take place on October 15 during Co-op Month. With the global crisis we are facing with COVID-19, this year’s planning may take some extra creativity! The theme and logo have been 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 – then start planning! Don't forget to spread awareness of your ICU Day festivities to help promote the power of credit unions. Use the hashtag #ICUDay to highlight your credit union's story and the incredible impact credit unions make in their communities every day.


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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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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