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News Now

CU System
Minnesota foundation elects board officers
ST. PAUL, Minn. (8/21/08)--The Minnesota Credit Union Foundation (MNCUF) Board of Directors named its table officers during a meeting Aug. 14. Four incumbents and one new board member were elected at MNCUF’s Annual Meeting in July. Elected to serve one-year terms on the board are:
* Chuck Albrecht, Mid-Minnesota FCU, Baxter; * Mary Hansen, Mayo Employees FCU, Rochester; * Lynn Kothe, North Memorial FCU, Robbinsdale; * Kristi Mukomela, Novation CU, Oakdale; and * Judy Root, Bluestone FCU, Eagan.
Mukomela was re-elected as the MNCUF board chair, along with Kothe as vice chair and Root as secretary/treasurer. Mukomela is serving her fifth year on the board, Kothe and Root are in their fourth terms, and Hansen is in her third. This is Albrecht’s first year on the board. “The foundation has created a three-year strategic plan and is currently working toward achieving the goals we set in that plan,” Mukomela said. “Our vision is to have all Minnesotans achieve financial independence, and our mission is to provide resources for credit unions and communities to prosper and thrive.” In 2007, the foundation helped fund the Minnesota Credit Union Network’s Small Credit Union Conference and the international partnership with Paraguay, and it provided educational grants for credit union professionals and volunteers.


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