Together is Better

There is an old African proverb that says, “To go fast, go alone, to go far, go together.”

Great organizations can do remarkable things if everyone engaged can collectively pull together as one unit. As a collaborative group working as a team, we can solve complex problems and accomplish remarkable things. Together is better!

Together, we can achieve an agenda that includes: removing barriers that keep us from appropriately serving our members; creating awareness and growing membership; and fostering and delivering member service excellence every day.

As a member of our financial cooperative trade association, you are an integral part of a three-tiered foundation that is made up of your credit union, DakCU and the Credit Union National Association (CUNA).

Together, we are interdependent on each other, ensuring a strong, unified voice in securing a successful future for the credit union movement here in the Dakotas and across the nation. Advocacy is at the heart of the Dakota Credit Union Associations’ (DakCU) purpose and is our top priority. Our shared conviction is that over time, advocacy will be our greatest contribution to our members’ sustainable success. It is also our shared understanding that effective advocacy is possible only through purposeful collaboration. The most effective advocacy model for credit unions is one that intentionally connects local, state, and national efforts.

Regulatory relief, and continuing to successfully remove those barriers that prevent credit unions from serving their members, is also a top priority for us in 2018. DakCU has successfully built strong relationships with the National Credit Union Administration (NCUA), the Consumer Financial Protection Bureau (CFPB) officials, and with our North Dakota Department of Financial Institutions commissioner and examiners. We will continue to ensure that our voice is heard. Our efforts of engaged advocacy through comment letters and in-person dialogue has and will continue to make a positive difference in the rule-making process. 

We are here to assist our member credit unions and to help them be successful. That is a simple objective, but it is truly why we exist. We are your professional financial cooperative trade association, and together with your continued partnership, we can successfully promote credit unions as a better financial alternative to traditional banking to more and more Dakotans.

As we adapt to the current financial service disruptors and industry trends, we continue to need each other. Together, our three-tiered team is strong. There is power in association and, together we are better!  

Jeff Olson, President/CEO