Vol. 01 Issue 10 | October 26, 2021
The New Workspace: Looking Beyond Productivity

For the better part of a year now, I have been talking with Michigan credit union leaders about how they’re planning to transition from the pandemic-induced home office to in-person work. It has been interesting to hear unique perspectives on how credit unions are answering the question: to stay remote, bring team...

Credit Unions, Coffee and Conversation: Michigan Attorney General Dana Nessel
Advocacy & Compliance
Key State Issues
  • The state House Judiciary Committee voted on HB 4799 and 4800, moving forward on enactment of the Michigan Uniform Assignment of Rents Act.
  • The Independent Citizens Redistricting Commission (ICRC) moves into its public comment period on proposed maps for the state House and Senate.
  • The state Legislature adopted a pair of resolutions drafted by MCUL opposing the IRS proposal.
Key Federal Issues
  • The focus remains squarely on efforts to finalize a deal on “Build Back Better” (BBB).
  • The NCUA Board of Directors adopted two final rules regarding CUSOs and the CAMEL rating system.
  • The IRS has adjusted its proposed reporting threshold from the initial $600 level to $10,000.
2021 MCUL GAC Recap: Advocacy Returns to Lansing

More than 100 attendees gathered in Lansing on Oct. 13 for the return of MCUL’s Government Affairs Conference, an event that was last held in 2019. The GAC is MCUL’s annual advocacy event

Education & Networking
Start Planning Ahead for 2022 Staff Training

Keeping staff well informed on timely topics that help them do their jobs effectively, serve member needs and protect a credit union’s interests is always a high priority...

Two Upcoming MCUL Webinars

Marketing Loans in a Post Virus Economy Webinar
October 26 | Facilitated by Mark Arnold

Now Serving! The Journey to Become an Amazing Leader Webinar
November 30 | Facilitated by Delilah Reynolds

The Credit Union Difference

Limestone FCU's Little Coffee House Makes Big Impact

Back in 2017, Limestone Federal Credit Union leveraged a $20,000 Michigan Credit Union Foundation (MCUF) grant to raise more than $200,000 to empower high school students to create...

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In Case You Missed It: 20 Michigan credit unions shared what it means to be a part of our global movement
Big Innovation Without a Big Price Tag: Michigan Legacy on the 2021 Innovation Award

This past August, Wyandotte-based Michigan Legacy Credit Union took home the 2021 MCUL Innovation Award (in the medium-asset-size category) during the Annual Convention & Exposition’s award ceremony.

With the Innovation Award, the League recognizes credit unions that have made incredible achievements over the past year, whether it was the creation of new and improved services to members, new...

The deadline to apply is Nov. 12, 2021. And new for this year, the two winners of the 2022 MCUF Awards will be awarded a $1,000 Community Enrichment Grant to further their initiatives!

Apply for the MCUL/MCUF Awards

Making an Impact!
So Mi’ Chapter of Credit Unions Gives $10,000 to Catholic Charities' Child Advocacy Centers

On Aug. 5, the So Mi’ Chapter of Credit Unions presented a $10,000 check to Catholic Charities of Jackson, Lenawee and Hillsdale Counties. The money was raised at the So Mi’ Chapter’s annual charity golf outing held on the same day, at The Grande Golf Club in Jackson...

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Q2 Report: Credit Unions See Impressive Membership Gains After One Year of COVID-19 Pandemic

The second quarter of 2021 was marked by a renewed consumer confidence and general embrace of the COVID-19 vaccines, which was reflected in credit union operating results and solid economic data for the period, including Michigan’s continued decline in unemployment rate. Unemployment reached a mid-year reading of 5.0% — almost an entire percentage lower than the national rate...

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Journey Federal Credit Union Donates $1,100 to the Epilepsy Foundation

Journey Federal Credit Union’s Charity Committee held a special fundraiser during the months of August and September this year in memory of former co-worker Austin Drake, who lost his battle with...

Chief Financial Credit Union Celebrates Breast Cancer Survivors

On Oct. 2, guests gathered for a memorable and socially distant drive-in modeling show to celebrate 16 bold and courageous women who strutted down the runway in the name of “Breast Cancer Survival"...

TBA Credit Union Awards Two Classroom Improvement Grants

TBA Credit Union recently awarded two classroom improvement grants to local educators at Suttons Bay High School and Traverse City West Senior High School...

MSUFCU Earns Great Place to Work Certification for Ninth Consecutive Year

MSU Federal Credit Union (MSUFCU) announced that it is again Great Place to Work-Certified™— for the ninth consecutive year. Great Place to Work certification is a prestigious independent recognition...

Financial Plus Credit Union Raised Funds to Support Local Breast Cancer Patients

Financial Plus Credit Union was eager to raise funds for local breast cancer patients during its annual Pink Bake Sale. The sale occurred on Oct. 1 at every branch location, and all proceeds benefited...

Did you know you we have a guide of all the Diversity, Equity & Inclusion resources you may need, including tests, tools, events and more?

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