Dakota CUs Support CMN Hospitals
June 12, 2024
The Dakota Credit Union Foundation has announced a $200,000 commitment to three Children’s Miracle Network (CMN) Hospitals located in North and South Dakota.
Bismarck, ND – The
Dakota Credit Union Foundation has announced a $200,000 commitment to three
Children’s Miracle Network (CMN) Hospitals located in North and South Dakota.
The announcement was made during the Dakota Credit Union Association’s annual
meeting, which was held on May 16, 2024, at Grand Falls Resort & Casino in
Larchwood, Iowa.
The foundation’s
board of directors unanimously voted to approve the expenditure, which will be
fulfilled in increments over the next several years. North Dakota’s one CMN
Hospital, Sanford Children’s located in Fargo, will receive $100,000 to support
the new Credit Unions for Kids Micropreemie Unit. This project, which has
received additional financial commitments from a majority of North Dakota’s
credit unions, is expected to begin construction later this summer.
South Dakota’s
two CMN Hospitals, Sanford Children’s Hospital in Sioux Falls and Monument
Health in Rapid City, will each receive $50,000. The Sioux Falls endowment will
provide for a pediatric oncology exam room to be named in honor of Charlie
Murano, son of Abby Murano and Joel Murano. Abby is a staff member at
Dakotaland FCU in Aberdeen, South Dakota. Charlie was cared for at the Sioux
Falls hospital last year. Sadly, he lost his battle with cancer, but his memory
will live on for years to come. The donation to Monument Health will be
earmarked for a specific purpose within their upcoming expansion and remodel
project.
“Dakota Credit
Union Foundation’s mission is to support financial well-being for all,” says
April Tompkins, foundation board chair and CEO of Explorer’s Credit Union
(Yankton, SD). “There is no doubt that physical health plays a major role in
financial wellness. Credit unions clearly understand the health care debt
cycle, and as an industry, we strive to help our members, our employees, and
our communities find a path to physical, mental, and financial health. We are
extremely excited to make this major commitment to help provide the best care,
close to home at our regional CMN Hospitals,” she added.
“I am so proud of the Dakota Credit Union Foundation’s
commitment to the financial health and emotional well-being of our local
families and communities,” concluded Jeff Olson, president/CEO of Dakota Credit
Union Association. “This gift will have a lasting impact.”
The
Dakota Credit Foundation is the charitable arm of the Dakota Credit Union
Association. The Foundation’s purpose is to build community awareness of
credit unions throughout North and South Dakota by supporting financial
well-being for all. The Foundation provides assistance for financial education
events and financial literacy classroom programs; scholarships for credit union
professional development and certification programs and supports local
Children’s Miracle Network Hospitals. For more information visit dakcu.org/foundation.