CUAD Returns $9,500 to Member Credit Unions

Bismarck, ND - Credit Union Association of the Dakotas (CUAD) is very pleased to announce this year’s winners of rebate certificates awarded through the Member Engagement Rewards Program initiative, or MERP. CUAD started this program to reward credit unions engaging in CUAD activities, programs, and services. MERP was developed to demonstrate to our member credit unions our commitment to provide “best of class” dues supported services that are valuable and necessary for the best possible success in serving members. This year, a total of $9,500 was awarded.

“The Member Engagement Rewards Program serves several purposes,” says Jeff Olson, CUAD President/CEO.  “It provides an incentive for credit union members to up their ante, if you will, to have more skin in the game as to their support and involvement in CUNA and league activities and initiatives while earning points for each activity. Members then have a choice of how they want to utilize their reward. They can use it towards their league dues, for conference or education registrations, contribute to GAC scholarship funds, or they can gift it to the Credit Union Foundation of the Dakotas. Some larger credit unions have even gifted their rebate to a smaller credit union in need. It’s really a win-win situation for our member credit unions,” he concluded.

CUAD is pleased to recognize these 2018 MERP Recipients.

Division A: $100M and over. 17 total credit unions, top 5 credit unions earned certificates. 

Black Hills FCU

First Community CU

Capital CU

Sioux Falls FCU

Town & Country CU

Division B: $25M and over. 16 credit unions, top 5 earned certificates. 

Voyage FCU

Northern Hills FCU

East River FCU

University FCU

Dakota Plains CU

Division C: Under $25M. 29 credit unions, top 9 earned certificates. 

GEM FCU

Oahe FCU

Ft Randall FCU

Postal Family FCU

Fargo VA FCU  

Riverfork FCU

Flasher Community

Huron Area Education FCU

Dakota Rail Line FCU

More about the MERP Program: The CUAD Board of Directors approved the MERP initiative for implementation in 2016. MERP provides member credit unions an opportunity to earn dues or registration rebates through their support, usage and engagement of Association (League) services, activities and initiatives.

Some of the services included are a mix of CUNA supported initiatives and CUAD League supported programs, such as:  Project Zip Code; CUNA MAP Program; CULAC/CUPAC payroll deduction participation, including disbursing CUPAC Checks; CUPAC/CULAC Raffle; Engagement in CUAD’s Voter Voice grassroots government relations; Social impact reporting and support through CU Social Good; Chapter Involvement and support; Compliance/Regulatory or Lending Conferences; MEMO subscriptions; Attend Summit/Annual meeting; Attend Legislative Social; Attend CUNA GAC or Involvement in Fall Regulatory/Legislative Hike-the-Hill; participate on GAC Committee; Participate in quarterly Compliance Network Conference Calls; Provide Comment on prospective regulations and rules; Participate in the Annual Membership survey; and others as designated by the CUAD board of directors. 

Credit unions with point totals scoring in the top 30% of each asset category receive a $500 rewards rebate to be used the following year toward league dues or conferences registrations, or they may choose to donate or gift their rebate on behalf of their credit union to the Credit Union Foundation of the Dakotas, to another credit union, or towards the GAC/HTH Scholarship Fund.