Minnesota Credit Union growth continues in first quarter of 2014

ST PAUL, MN (May 16, 2014) — Minnesota’s credit unions experienced sustained growth in most preliminary Q1 2014 industry measures, indicating that they continue to be a trusted choice as local, member-owned financial partners for both Minnesota consumers and businesses. Year-over-year asset, deposit and loan growth at Minnesota Credit Unions between the first quarters of 2013 and 2014 was strong — growing by $704 million, $605 million and $687 million, respectively. Credit unions continue to support and strengthen communities while creating a positive impact on their own income statements. “The growth we’re seeing is a good sign of consumer and business confidence,” said Minnesota Credit Union Network CEO & President Mark D. Cummins. “Credit unions are helping communities grow and are also contributing to Minnesota’s overall economic health.” READ MORE:

United Educators Foundation offers Minnesota schools financial education grants

WOODBURY, Minn. – via United Educators Credit Union press release: United Educators Foundation is pleased to announce its 7th Annual Financial Education Grant Program. This year, the foundation increased its grant pool to $3000 and will provide up to six $500 grants to teachers, departments or schools for financial literacy programs. Submitted applications should support instruction of content related to budgeting, credit, money management, economics, saving and investing, or other personal finance topics. All grades (K-12) and subjects at accredited Minnesota schools are eligible to apply. Funds will be awarded in October to be used during the 2014/2015 school year. The United Educators Foundation was established to generate funding and resources that advance educational initiatives and support charitable causes within the community United Educators Credit Union cooperatively serves. READ MORE:

Royal Credit Union team members volunteer at Gillette Children’s Specialty Healthcare

ST. PAUL, Minn. – via Royal Credit Union press release: Team members from Royal Credit Union’s Edina, St. Paul and Coon Rapids branches spent an evening volunteering in the Ronald McDonald Family Room at Gillette Children’s Specialty Healthcare in St. Paul, MN. The Ronald McDonald Family Room provides a home-like setting for families to rejuvenate, while still staying just steps away from a child who is receiving medical treatment for a serious condition or disability. Any family with an in-patient child at Gillette Children’s Specialty Healthcare is eligible to use the Ronald McDonald Family Room. Royal Credit Union cooked and served dinner to over 70 family members of Gillette patients. READ MORE:

More News