Vol. 01 Issue 9 | October 12, 2021

An Autumn of Advocacy

Hard to believe it is already almost mid-October. Fall is definitely upon us as we see the beautiful colors change and feel the weather get a bit crisp. I hope you are settling into the final quarter of the year.

This is a big week for our advocacy team as we welcome the Michigan credit union movement....

Credit Unions, Coffee and Conversation: True Community Credit Union CEO Chrissy Siders
Advocacy & Compliance
Key State Issues
  • The Michigan Saves loan loss reserve will receive $1.5 million in additional funding.
  • We are focused on MSHDA's efforts to secure $100 million in funding for the Housing and Community Development Fund, and $150 million in funding for Michigan's CDFI community.
  • We are gearing up for Hike From Home, with first meetings approaching rapidly on October 21.
Key Federal Issues
  • The Protecting Financial Privacy Act has been introduced in the U.S. Senate to block a proposal from the IRS and others like it.
  • The U.S. Senate confirmed Rohit Chopra as the next director of the Consumer Financial Protection Bureau (CFPB).
  • CUNA has communicated with FASB requesting exemption from CECL for credit unions.
Education & Networking
Popular Contact Center Conference Returns as Virtual Event

The MCUL Contact Center Conference will kick off as a virtual event on Oct. 27, covering Strategy Topics for Executives/Management, including...

Take DEI Initiatives Further with Four-Part Virtual Series

On Oct. 19, MCUL will begin a four-part virtual session on "Inclusive Conversations: Fostering Empathy Across Differences in the Workplace" Led by Claire Ladaga, registration includes a copy of the book...

This Week’s Webinar: What are the Odds? The Impact of Online Gambling for Credit Union

Based on requests from Michigan credit unions, MCUL has arranged for Attorney Chuck Holzman to speak on Oct. 14. Holzman will share best practices and insights into issues related to member’s...

The Credit Union Difference

MCUF Supplements Financial Counseling Certification with Interactive Training Day

MCUF funding provides free training enhancements to CUNA’s self-study certification program to assist participants in supporting member and community financial well-being and becoming ...

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Motivating the Future of the Movement: Safe Harbor’s Kyle Gurzynski on the 2021 Young Professional of the Year Award

The winner of MCUL’s 2021 Young Professional of the Year Award, Kyle Gurzynski, was honored in person this past August during the Annual Convention & Exposition’s award ceremony.

Gurzynski, Safe Harbor Credit Union’s EVP, was recognized with the award due to his impressive ability to help build collaboration through incredible volunteer work.

Making an Impact!
How Community Choice's Give Big Month Evolved in its 4th Year

On Sept. 30, Community Choice Credit Union wrapped up its annual Give Big Month, a 30-day volunteer initiative to get into the community and give time and talent to support local charities.

During this month, the credit union creates...

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Two Michigan Leaders Named 2021 CU Rock Stars

The Michigan Credit Union League is proud to announce that two credit union professionals from Michigan have been named as 2021 Credit Union Rock Stars by the editorial team of Credit Union Magazine.

The Credit Union Rock Stars program recognizes outstanding credit union professionals and volunteers from a wide range of disciplines ...

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DIFS Promotes Cybersecurity Awareness Month to Help Consumers and Businesses Stay Protected

October is Cybersecurity Awareness Month and the Michigan Department of Insurance and Financial Services (DIFS) is encouraging consumers and businesses to take steps to protect....

Flint’s CMN Hospital Receives $46K from ELGA’s Foundation for Impact

On Sept. 17, the ELGA Credit Union Foundation for Impact raised $35,879 to benefit Hurley Children’s Hospital – Flint’s own Children’s Miracle Network (CMN) hospital, at its inaugural fundraising...

NCUA Holds Safe and Affordable Account Access Webinar for ICU Day

In recognition of International Credit Union Day, the National Credit Union Administration is hosting a webinar, “Pathways to Safe and Affordable Account Access for Consumers,” on Oct. 21...

NCUA's Virtual 2021 Diversity, Equity and Inclusion Summit

This November, the National Credit Union Administration (NCUA) is holding the 2021 Diversity, Equity and Inclusion (DEI) Summit, a three-day event where credit union and industry professionals who...

Additional COVID-19 Vaccine Doses, Boosters Available at No Cost During Public Health Emergency

With boosters and additional COVID-19 vaccine doses being deployed to eligible people across the state, the Michigan Department of Insurance and Financial Services (DIFS) is notifying consumers that...

Did You Know federally insured credit unions can apply now for NCUA's MDI mentoring grants?

Read more here.
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