Daily Dupaco

Monday, March 24, 2014

Dupaco's Montes selected for credit union innovation group

The Iowa Credit Union League (ICUL) welcomes RJ Montes, Assistant Vice President and Branch Manager at Dupaco Community Credit Union, to its 2014 Iowa Innovation Group (IIG) program. RJ joins 15 other credit union leaders from across Iowa in serving as an IIG participant. Launched in 2013 with consumer finance think-and-do tank Filene Research Institute, IIG fosters the development of new ideas and innovations for credit unions.

Each new IIG member will serve a six-month term and be responsible for building and piloting new ideas to benefit credit unions and their members. The participants will unveil their ideas at the 2014 Iowa Credit Union Annual Convention. ICUL received applications from a wide range of credit union executives throughout Iowa.

"On behalf of the Iowa Credit Union League, I would like to congratulate RJ Montes on being selected to participate in ICUL's Innovation Group," said Jim Niederhauser, ICUL V.P. of Member Services. "We appreciate RJ's passion to move the credit union industry forward and provide additional member value."

Montes, who previously worked for a large national bank, now relishes helping members realize their full potential through Dupaco's free financial education initiatives, including Money Makeovers and Credit History Lessons, low-cost loans, and free checking and saving accounts. "I appreciate the opportunity to be a part of the Iowa Innovation Group program in 2014. This program will allow us to create and implement new ideas derived from our passion for the credit union movement."

Modeled after Filene's i3 (Ideas, Innovation, Implementation) program, IIG leverages the Filene Method innovation curriculum to bring an innovation competency to Iowa credit unions. With coaching from Filene and ICUL, participants create, test and implement financial products, services and business model ideas. In its inaugural year, 15 leaders helped Iowa credit unions improve the way they provide financial guidance to their members.

Visit www.IowaInnovationGroup.com for more information.

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