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Dakotas association welcomes three new affiliates
BISMARCK, N.D (4/1/11)--Three new South Dakota affiliates have joined the Credit Union Association of the Dakotas (CUAD) : Dakotaland FCU, Huron; Simply Service FCU, Belle Fourche; and Dakota Star FCU, Rapid City. Dan Cumbee, president of $152 million-asset Dakotaland FCU, South Dakota’s third largest credit union, said he understood the importance of unity among credit unions both statewide and nationally. “The credit union industry as a whole is going to evolve and there is no margin for error,” said Cumbee. “By being together we can benefit from each other’s strengths.” Kelli Wold, president of $17 million-asset Dakota Star FCU said that affiliation dues are not just about dollars and cents. “When we were not affiliated, we felt like we were out there by ourselves,” she said Simply Service FCU has already seen the benefit of affiliation by taking advantages of services available through the league. The credit union has participated in Bank Secrecy Act training, strategic planning, compliance support, the Pee Wee and Friends youth program, and website/information technology services available through CUAD and its service corporation. CUAD President/CEO Robbie Thompson welcomed the three new affiliates. “We can’t change history,” Thompson said. “We can simply strive to improve every day, and I think these credit unions see that happening and want to help shape the future of their association and their industry.” “We have power in numbers,” said Doug Thompson, CUAD board chairman. “As credit unions we don’t always agree on everything, but we know we are stronger together. Hopefully other credit unions will step up and be part of the Association as well.”


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