Minnesota Attorney General Lori Swanson shares insights with area credit unions

ST. PAUL, MN (January 31, 2014) — Minnesota Attorney General Lori Swanson spoke to Twin Cities credit union leaders, employees and volunteers at the Archer Doig chapter meeting on Tuesday, Jan. 14. Attorney General Swanson’s presentation addressed a number of current issues affecting both consumers and the financial industry, including the impact of fraud and regulations. She specifically mentioned problems related to senior fraud, and applauded credit unions for their work to help senior members and act in their best interest. “Seniors are often targeted because they have some money, but not a lot of money,” Attorney General Swanson said. “Many credit union employees have acted as good stewards when assisting senior members with suspicious financial activities — such as wire transfers — and have helped report fraud to my office.” Minnesota Credit Union Network President and CEO Mark D. Cummins expressed his appreciation for Attorney General Swanson and the important work her office does in advocating for and protecting consumers. “Attorney General Swanson has a critical role in helping to protect Minnesota consumers — a mission that credit unions share,” Cummins said. “We look forward to continuing to work with her and her office on consumer protection and regulatory matters.” READ MORE:

Senate Education Finance Chair Chuck Wiger visits Owatonna High School

OWATONNA, MN. – via Peter Byrne of the Owatonna People’s Press, EXCERPT: “Legislators, educators and school district administration converged on Owtonna High School on a snowy Tuesday morning as part of an educational tour organized by state Sen. Chuck Wiger, DFL-Maplewood. Wiger, the Minnesota State Senate E-12 Education Finance chair, organized the visit — one of several stops on the tour — in order to see first-hand the programs at the school… One of the programs that Wiger came specifically to view was the success OHS has had with the HomeTown Credit Union located in the school building. ‘Students do everything they would do at any other branch,’ said Marian Murphy, Vice President of Business Growth at the credit union… Murphy said that the reasoning behind having a branch located at the high school wasn’t driven by profit, but by investment in the community and students. Wiger toured the credit union after the discussion and spoke with students who were working during the lunch hour. ‘There’s just something different about being the in district as opposed to hearing baout it in St. Paul,’ said Wiger. ‘I’ll be bringing this information back to the committee.'” READ MORE:

Minnco Credit Union’s ‘Chain of Hearts’ raises money to support Children’s Miracle Network Hospital

ANDOVER, MN. – via the Isanti-Chisago County Star, EXCERPT: “Minnco Credit Union is holding its annual Chain of Hearts fundraiser from Jan. 17 – Feb. 14. Members and non-members are encourage to stop in to a Minnco office and ‘purchase’ hearts by making a donation. All funds raised stay in Minnesota and help support Gillette Children’s Speciality Healthcare facilities. For the past several years Minnco has been a credit union leader in raising funds through the sale of hearts. Minnco was the first credit union to raise $10,000 through their heart campaign. In subsequent years, they have reached $12,100, $14,500 and an incredible $17,777 last year. According to Becky Holst, Children’s Miracle Network Hospitals Northern Minnesota Development Associate, ‘Minnco raises more money through it’s Chain of Hearts campaign than any other credit union in the U.S.’ She added that the Children’s Miracle Network is encouraging credit unions around the country to implement similar campaigns using Minnesota Credit Unions for Kids’ program as an example, with ‘Minnco’s ideas being shared as a valuable resource.'”  READ MORE:


More News