CMCU awarded grant for leadership training
Central Minnesota Credit Union has received a training grant through the Minnesota Job Skills Partnership program, a division of the Minnesota Department of Employment and Economic Development.
A grant signing ceremony was held May 29 at the credit union’s administration center, with members from the partnership and the credit union’s boards of directors on hand, along with staff and community members.
Paul Moe, director of the Minnesota Job Skills Partnership, presented the grant at the ceremony. He said the partnership has provided grants to many top employers in Minnesota, and is “happy to now offer one” to Central Minnesota Credit Union.
The grant is $228,760, and will be completed over the next three years.
Funds will assist Central Minnesota Credit Union in developing a leadership and financial leadership training program. The credit union will work with Alexandria Technical and Community College to design a curriculum and develop new courses for this internal training program.
“Our culture empowers employees to be involved in leadership and the financial planning process, which is why we are developing the leadership and financial education for our current and future leaders,” said Nadine Rieland, vice-president of human resources at Central Minnesota Credit Union.
Employees will learn the skills necessary for management of the credit union.
Rieland continued, “The increased knowledge of the Central Minnesota Credit Union team, in direct regards to leadership and finance, will lead to increased strength, service, and growth of the organization, employees, members and community.”
Central Minnesota Credit Union is a 75-year-old member-owned financial cooperative that offers a complete line of financial services. There are several branch offices, including locations in Perham and New York Mills.