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Call for Comments: Due December 26th

Department of Defense's Proposal on Lending to Military Members

Texas Trust Toys for Tots
Texas Trust Donates 400 Toys and $5K to Marine Corps Toys for Tots
December 19, 2014

The executive team of Texas Trust Credit Union in Mansfield, Texas, presented a check for $5,000, along with more than 400 toys, to the local Toys for Tots Foundation during the Mansfield Independent School District's third annual toy drive.

Texas Legislators Meet with Credit Union Leaders
December 19, 2014

At the heart of political engagement is the relationship between credit union leaders and their legislators. Not only does the relationship serve the credit union, but all credit unions benefit.

Randy White
Foundation's FOCUS Summit Features Cowboys' Former Defensive Tackle Randy White
December 19, 2014

The Cornerstone Credit Union Foundation is hosting its FOCUS Summit Feb. 5-6, 2015, at the Doubletree Galleria Hotel in Dallas.

Obama Signs IOLTA Bill into Law
December 19, 2014

Yesterday, the Credit Union Share Insurance Fund Parity Act was signed into law by President Barack Obama.

McWatters Urges NCUA to Take 'Unambiguous' Responsibility for Data Breach
December 19, 2014

After confirming a data breach during a federal examination, which was caused by the loss of a flash drive containing sensitive information belonging to Palm Springs FCU in California, National Credit Union Administration's board member, J. Mark McWatters called on his agency to "unambiguously" take responsibility for the breach.

NCUA Sues U.S. Bank and BofA, Seeking Damages
December 19, 2014

On Wednesday, the National Credit Union Administration announced that it has filed a lawsuit alleging U.S. Bank National and Bank of American National Association have failed to fulfill their duties as trustees for 99 residential mortgage-backed securities trusts.

The Board's Critical Role in Preventing Internal Fraud
December 19, 2014

For a perfect mini-seminar on how a board of directors can allow internal fraud to sink a credit union, take an hour or so to peruse the NCUA's "material loss reviews," which summarize investigations into why credit unions failed, resulting in losses to the National Credit Union Share Insurance Fund.

Comment Letters Needed on Proposed DoD Rule Affecting CU Military Members
December 18, 2014

As you may have heard, the Department of Defense (DoD) has proposed regulatory changes that will affect how credit unions serve their military members, and, in fact, their members in general.

FAA Credit Union Named One of Oklahoma's Top Workplaces
December 18, 2014

FAA Credit Union was recently named one of Oklahoma’s Top Workplaces in 2014 by The Oklahoman, for the second consecutive year.