Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Minn. foundation adds 2 new board seats appoints directors
SAINT PAUL, Minn. (10/21/09)--The Minnesota Credit Union Foundation (MnCUF) added and filled two new seats to its board of directors at the board’s Oct. 8 meeting as part of the foundation’s recent development progression. Dave Larson of Affinity Plus FCU (APFCU) and Pat Brekken of Richfield/Bloomington CU (RBCU) have been appointed to one-year terms on the MnCUF board, following an affirmative membership vote on the bylaw amendments recommended at the annual meeting in July. Larson is senior vice president of APFCU, where he has worked for nearly eight years. He also serves as the executive director of the Affinity Plus Foundation, whose mission is to promote financial literacy statewide. Brekken is RBCU’s president, a position he has held for the past five years of his 13-year career with the credit union. He currently serves as a director of the Richfield Spartan Foundation, which raises money to support youth participation in sports and fine arts activities throughout Richfield. In 2008, Brekken served as chair of the MnCUF’s Homes for Our Troops Fundraising Committee. Through this initiative, Minnesota credit unions contributed $150,000 to build a specially-adapted home in Woodbury, Minn., for a wounded Iraq War veteran. The two newest board members join the five existing MnCUF directors, re-elected by the membership in July. The directors and term expiration dates are:
* Chuck Albrecht, Mid-Minnesota FCU, Baxter (2012); * Vice Chair Lynn Kothe, North Memorial FCU, Robbinsdale (2012); * Mukomela, Novation CU, Oakdale (2012); * Mary Hansen, Mayo Employees FCU, Rochester (2011); * Secretary/Treasurer Judy Root, Bluestone FCU, Eagan (2011); * Larson, APFCU, St. Paul (2010); and * Brekken, RBCU, Richfield (2010).
Since attaining status as a 501(c) 3 public charity in 2007, the MnCUF board has undergone a strategic planning process, with the aim of strengthening its governance structure and broadening its focus. Other recent accomplishments have included revising bylaws, creating and improving operational policies, establishing a greater Web presence, and recruiting a volunteer administrator. “I am energized by our progress, and we are very excited about continuing to develop the foundation into the premier charity that we know it can be,” said MnCUF Chair Kristi Mukomela.


RSS print
News Now LiveWire
NCUA confirmed earlier indications that there would be no National Credit Union Share Insurance Fund premium for 2014.
10 hours ago
.@NJCUL supported prized-linked savings legislation introduced in New Jersey state Senate.
10 hours ago
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
16 hours ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
18 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
19 hours ago