President’s Report

The President’s Report is an internal publication of Montana’s Credit Unions intended for our affiliated credit unions and their official family. It’s emailed to our list of subscribers Friday morning and a link to the archived email is posted here after it becomes available. If you’d like to subscribe, email Michelle with your contact information and the name of your credit union or organization.

JULY

  • July 3:
    • an abbreviated newsletter with an Independence Day message
    • Horizon CU in Missoula assists the International Rescue Committee (IRC) in Missoula with homeownership financial planning workshops for immigrants and refugees
  • July 12:
    • today is the Fancy Footwear Fundraiser for MCUCD
    • #ILoveMyCreditUnion is right around the corner: here’s how Ravalli CU celebrated last year
    • new resource to measure and boost financial health added to the NCUF FinTech Hub
    • Michelle appointed as the MSAE Board Chair
    • America’s Credit Unions kicked off their new video series, The Sidebar
    • no credit union-related language in Senate Armed Services Committee’s FY25 National Defense Authorization Act thanks to advocacy by America’s Credit Unions and the Defense Credit Union Council
    • spring 2024 regulatory agenda released
    • check out the agenda and register for the Tristate Collaborative leadership conference
    • apply for the Tristate Mentorship Match; bonus points if it’s as a mentor
    • Sky FCU opens new branch in Ennis, bringing the #CUDifference to the community
    • servant leadership and credit unions
  • July 19:
    • recent NCUA board meeting recap
    • MCUL Trust offers free adaptive leadership training — Lessons from Crisis and Change
    • upcoming Personify Leadership® training in Missoula
    • Hike the Hill scheduled for September 10-12
    • next MCU Advocacy Champion call will be July 23
    • MT league signed letter to FHFA encouraging them to reconsider establishing a dual mission statement for FHLBs
    • this year’s CEO/Manager Roundtable September 18-20, in Missoula
    • Russell Country FCU goes all in during first year of sponsorship of 4-H youth at Cascade County fair
    • honoring the legacy of Debbie McConaughey, MM Employees FCU, at her retirement party

JUNE

  • June 7:
    • two upcoming Filene events
    • new Personify Leadership® opportunity announced in Missoula this November
    • an overview of the primary election results and the matchups for the upcoming general election
    • Advocacy community call on June 26
    • CU Voices community call on June 27
    • our 16 free communities; find the right one for you
    • summer and fall events from the league
    • Southwest Montana Community FCU showcases the #CUDifference through a series of “Ask the Experts” ads in a local paper
    • why having a “best friend” at work is one of the keys to success and joy
  • June 14:
    • Defense Credit Union Council membership
    • registration opens for Discovery2024 and World Credit Union Conference
    • DEI speaker highlights
    • CU Pride resources
    • CEO/Manager Roundtable registration opens
    • medical debt update
    • HYPE 2024 workshop wraps up
    • Russell Country FCU donates to 1000 in Action
    • credit union celebrations
  • June 21:
    • upcoming conferences from America’s Credit Unions
    • “The Barber of Little Rock”
    • 2024 Economic Update Series
    • Tristate Collaborative Leadership Conference
    • Senate bill introduced to stop and study debit interchange proposal
    • virtual IRA training
    • online learning opportunities from our partners
    • MCUCD Fancy Feet Fundraiser is July 12
    • HYPE Workshop video montage
    • the power of team
  • June 28:
    • celebrating 90 years of the Federal Credit Union Act
    • the correlation between financial and mental well-being
    • ServeMontana 2024 Needs Assessment
    • the NCUA’s annual Cybersecurity and Credit Union System Resilience Report
    • Terrance Williams, CEO of TruStage, joins Montana credit union CEOs
    • registration opens for the 2024 International Credit Union Contact Center Conference
    • Whitefish CU awarded ServeMontana Business Service Award for their community service efforts

MAY

  • May 3:
    • the March 2024 Credit Union Trends Report
    • credit union implications of the U.S. DEA announcement of plans to reclassify marijuana as a “less dangerous” drug
    • TruStage announces webinar to help credit unions collaborate with FinTechs
    • last call for Collaboration in Wellness Conference
    • engagement survey opens
    • the Midland Empire Chapter donates $2,520 to Warrior Transition Outdoors through shred event and credit union match
    • Personify Leadership® recap
  • May 10:
    • NCBA CLUSA appoints Tracy McIntyre, Executive Director of the Montana Cooperative Development Center to board
    • upcoming #ILoveMyCreditUnion webinar
    • retain younger employees’ professional development by encouraging participation in the HYPE workshop
    • Senate rejects an attempt to add unrelated amendments — including the Big Box Bailout bill — to the FAA reauthorization
    • America’s Credit Unions opposes the Federal Reserve’s proposal to lower debit interchange fees
    • Compliance Officers Community was recently joined by Nick St. John, Director of Regulatory Affairs at America’s Credit Unions
    • Park Side CU plants trees in honor of Arbor Day and assists with native grass revegetation at the Lion Mountain Trail with Whitefish Legacy Partners
    • eagerly anticipating Power Up
  • May 17:
    • Russell Country FCU announces Stacey Byrne as their new President/CEO
    • the America’s Credit Unions PAC launches the Credit Union Elections Hub
    • 2024 CUAC Raffle prize drawing raises $22,986
    • registration closing for this year’s Enhanced FiCEP training webinars
    •  our 2024 MCU Engagement Survey
    • business partners and exhibitors as our extended family
  • May 24:
    • Power Up recap
    • 2024 professionals of the year announced
    • a special thank you to our exhibitors
  • May 31:
    • the NCUA launches financial technology and digital assets section on its website
    • registration opens for the first Tristate Collaborative Leadership Conference
    •  MCUCD fundraising events during Power Up raise over $12,000
    • Lincoln County CU donates $20,000 to build an event stage in Troy
    • Whitefish CU and Park Side CU host Run Wild event that raises over $18,000
    • How will you share your road with others who can learn from your experience and find their road?

APRIL

  • April 5:
    • extension of ServeMontana award nomination deadline
    • credit unions take home America’s Credit Unions Marketing & Business Development Council Diamond Awards
    • league Presidents join the Mitchel Stankovic Underground to share their insights and celebrate league-to-league collaboration
    • registration opens for the CUFEN 2024 conference
    • Can you build a better charcuterie board than American Share Insurance’s Don Gensler?
    • 2024 Take the Lead recap
    • Sky FCU encourages kids to “Unleash the Power of Saving”
    • collaborative leadership in action
  • April 12:
    • the NCUA has announced the opening of the CDRLF grant round
    • the FiCEP designation can empower your  staff to guide members toward financial well-being for all
    •  a four-step process for writing a winning award nomination
    • reminders to register for the Collaboration in Wellness conference, Power Up, the MCUCD fundraisers, and Billings Personify training
    • the next Data Activation Series starts soon
    • Horizon CU makes financial education fun with online pop-up events and branch tours
    • Great Falls Personify training recap
  • April 19:
    • Registration opens Shodair Children’s Hospital PlayYellow
    • the Foundation announces the launch of Exploring Our Values™
    • America’s Credit Unions lineup of events
    • Ravalli County CU hosts reality fair and offers account matches with donations to the Linda Massa Youth Home or Bitterroot CASA
    • the power of connection
  • April 26:
    • TruStage presents America’s Credit Unions with a $250K contribution to bolster credit union advocacy
    • join business development professionals in Bozeman for BD NOW innovation summit
    • last call for 2024 awards
    • registration closes soon for Power Up
    • registration opens for 2024 HYPE workshop
    • at the 2024 3), Sharon Small (The Morning Star FCU) highlights the credit union’s community service and financial support efforts while Maria Valandra (Clearwater CU) facilitated the event and Jack Lawson (Clearwater CU) conducted a breakout session
    • cooperation among cooperatives and the creation of cooperative academy that will focus on the “why” of cooperatives

MARCH

  • March 1:
    • Take the Lead workshop deadline approaching
    • Coach Donnie Campbell headlines upcoming Power Up
    • GAC virtual experience opportunity
    • America’s Credit Unions urges reconsideration of CFPB’s overdraft proposal
    • Bitterroot Community FCU and their Darby Brilliant Beginnings, a kindergarten-to-career savings initiative
    • How does your credit union “leap” ahead?
  • March 8:
    • how to nominate a credit union professional
    • Rocky Mountain CU President/CEO Steve Sendon has several reasons why you should attend Power Up
    • GAC recap
    • Intrepid CU collects donations to raise awareness for National Multiple Sclerosis Month
    • a “first-timer’s” perspective on GAC
  • March 15:
    • Kathy Briggs retires from Family First FCU after 38 years
    • release of the February Economic Update from America’s Credit Unions
    • registration opens for the first two Personify Leadership® opportunities in Montana
    • industry support for a lawsuit seeking a preliminary injunction to stop the implementation of the CFPB’s credit card fee late rule
    • opposition to the Secure Payments Act (H.R. 7531), which would stop the finalization of the Fed’s proposed debit interchange proposal
    • webinars, online courses, and virtual workshops from our partners
    • Russell Country FCU retired board member Bryan Fox inducted into the Credit Union House Hall of Leaders
  • March 22:
    • nominations open for the the annual ServeMontana awards
    • Credit Union Youth Month materials available
    • the NCUA’s Office of Consumer Financial Protection offers financial capability webinar
    • how award nominations boost employee retention
    • upcoming Personify Leadership® opportunities
    • Interchange update
    • support our credit union allies in Congress as they work to stop the Federal Reserve’s Reg II proposed rule
    • Montana CU recently executes a week-long fundraising initiative for NeighborWorks Great Falls
    • systems partner meeting recap
  • March 29:
    • Interchange update
    • the NCUA has released updates to its Simplified CECL Tool
    • Whitefish CU holds its second financial reality fair at Linderman Education Center
    • How are you engaging your team to support your strategy for the year?

FEBRUARY

  • February 2:
    • available Grants to Address Affordable Housing
    • registration opens for Power Up and Collaboration in Wellness conference
    • upcoming young professionals community call
    • Clearwater CU celebrates Women in Sports Day with the Griz
    • cooperation among cooperatives at the MCOC annual meeting
  • February 9:
    •  Angela Kallevig from Altana FCU announced as 2024 GAC crasher
    • upcoming webinar to introduce the Tristate Collaborative, LLC
    • Power Up invitation from Vocal CU CEO/ President Eddie Black
    • Park Side CU announces 2024 Park Side Partners Program nonprofit organizations
    • the Foundation announces  FinHealth Hub
  • February 16:
    • Jason Hagadone, President/CEO with Altana FCU, awarded a 40 under 40 recognition from the Billings Gazette
    • online training opportunities
    • Vally CU’s Refer-A-Friend program donates $3,550 to Tumbleweed of Billings
    • leveraging the credit union difference in Montana
  • February 23:
    • Richland FCU celebrates the retirement of Nancy Verschoot and the hiring of Dana Jonsson
    • registration opens for Millennium Corporate’s 2024 Annual Meeting and the 2024 CUFEN Conference
    • a reminder to register for the Collaboration in Wellness Conference
    • America’s Credit Unions pushes the CFPB to reconsider overdraft proposal
    • America’s Credit Unions focuses on the importance of providing affordable credit solutions
    • the Midland Empire Chapter hosts reality fair at Billings Senior High School
    • the importance of being a life-long learner

JANUARY

  • January 5:
    • national conference registration opens
    • NAFCU and CUNA merge
    • credit union trade organizations call on the CFPB to delay and modify its proposed rule to implement section 1033 of the Dodd-Frank Act
    • Horizon CU pairs with Nourish and International Spice District to host Food & Finance Class
    • How are you uniquely living out the cooperative principles in your credit union?
  • January 12:
    • HYPE newsletter distribution
    • Interchange update
    • Montana’s Credit Unions participates Annual Business Days at the Capitol
    • Grasslands FCU serves Thanksgiving meal at the local Senior Citizen’s Center and gives gifts to “behind the counter” workers
    • Take the Lead recap
  • January 19:
    • the Family First FCU appoints Kyeanna Scharberg as President/CEO
    • Fergus FCU awarded Newsweek “America’s Best Regional Banks and Credit Unions” status
    • the Foundation announces a grant pool of $750,000
    • MonDak 2024 recap and take-aways
    • the CFPB issues its proposed rule for overdraft credit
  • January 26:
    • the NCUA releases its annual supervisory priorities letter
    • Take the Lead registration opens
    • Interchange update
    • the CFPB proposes rule to ban NSF fees on certain transactions
    • America’s Credit Unions issues letter of support to Senate Banking Committee members
    •  Daniels-Sheridan FCU hosts movie day to support Daniels County Food Bank
    • celebrating our mutual success and impact across the state in 2023 Impact Report

If you’re interested in looking at the President’s Reports we sent out in the past two years, download the 2023 PR Archive or the 2022 PR Archive.