Alexandria Technical and Community College receives training grant
The Minnesota Department of Employment and Economic Development (DEED) awarded a $228,760 grant to Alexandria Technical and Community College (ATCC) to train 300 employees of Central Minnesota Credit Union.
The grant was awarded under the agency’s Minnesota Job Skills Partnership Program. The program works with both businesses and educational institutions to train or retrain workers, expand work opportunities and keep high-quality jobs in the state.
In this grant, the program leverages more than $434,000 from Central Minnesota Credit Union.
“Minnesota’s future workforce will face challenges, one of them being the pending labor shortage as baby boomers retire,” said DEED commissioner Katie Clark Sieben. “The Minnesota Job Skills Partnership Program is one way that DEED is working to align the needs of our businesses with qualified, skilled workers so that our economy can meet the challenges of the future.”
Central Minnesota Credit Union serves 50,000 member-customers. The credit union currently has 16 branches, more than 270 employees and $785 million in assets.
The grant will focus on financial and leadership training for 300 sales and service employees, loan operators, lenders, accountants and managers.
New courses will enhance ATCC’s financial leadership and financial management curriculum. The employees will have the opportunity to progress to higher positions.
For more information on the grant, contact Bob Defries, dean of Customized Training, ATCC, at (320) 762-4637.
DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For details, visit mn.gov/deed/.