REGULATING AGENCY: North Dakota Department of Financial Institutions
LEAGUE: Dakota Credit Union Association
STATS: (As of Dec 2020)
- TOTAL # SCUs: 20
- TOTAL # FCUs: 14
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 59% of 34 ND CUs
- TOTAL $ SCU ASSETS: $4,020,129,501
- TOTAL $ FCU ASSETS: $449,162,060
- TOTAL ASSETS: $4,469,291,561
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 90%
FUN FACT: The town of Rugby is the geographical center of North America. A rock obelisk about 15 feet tall, flanked by poles flying the United States and Canadian flags marks the location.
April 7, 2021 — Since August of 2020, CUNA has been hosting a series of Small Credit Union Webinars each Tuesday. In this collaborative effort, CUNA and nearly every state League has been presenting important topics specifically designed for small credit unions. This week, on Tuesday, April 6th, it was our turn!
Dakota Credit Union Association (DakCU) hosted a very important informational session titled “How grants can benefit your credit union, your members, and your community.” Amy Kleinschmit, Chief Compliance Officer, opened the session by welcoming more than 220 attendees and introduced our guests: Tawney Brunsch and Mike Beall.
Tawney is the Executive Director of Lakota Funds, the first Native Community Development Financial Institution (CDFI) on a reservation. She has led this financial institution through several history-making accomplishments, including: the charter of the Lakota Federal Credit Union, where she is the chairwoman; the launch of a child development account program; and the conversion of a low-income tax credit housing development into privately owned homes.
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