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Three states don't offer a state-chartering option and two states where the option exists have no state charters currently in business there. As the NCUA seeks to enhance its field of membership rules to make the federal charter more competitive in a number of states, Credit Union Journal recently asked the question why the state charters in a handful of states never took off.
The Texas Department of Motor Vehicles (TxDMV) has announced changes to the Electronic Lien and Title Program (ELT), the paperless method that allows the TxDMV and a credit union to exchange vehicle title information electronically. The lienholder changes have moved from a weekly basis to monthly basis, due to a modernization initiative.
The Houston Chapter of Credit Unions has continued their efforts to engage and empower young credit union professionals by once again offering two $500 scholarships to the League’s GSD Conference. The GSD Conference, which is the League’s signature conference for young credit union professionals, will be held August 20–21 in Galveston.
Smart Financial Credit Union and the Houston SPCA teamed up to host an onsite adoption event on Saturday, July 11, at the Smart Financial Missouri City branch. Adoptable dogs and cats were available for view, and Houston SPCA representatives were onsite to answer questions for more than 40 potential pet parents in attendance.
The National Credit Union Administration's Member Business Lending Proposal is open for comment through the end of August, and many bankers are busy sending a flood of letters in response. Credit Union National Association reports that the proposed rule would completely overhaul NCUA's MBL regulation, and credit unions will be affected.
While the National Credit Union Administration is working on revisions to its bylaws, Credit Union National Association thinks the agency should review its requirement that all federal credit unions use a single set of bylaws, regardless of size and complexity.
Credit Union National Association and Cornerstone Credit Union League intend to comment on the following pending regulatory proposals and encourage credit unions to consider submitting comment letters as well.
One of the Cornerstone Credit Union Foundation's premier events, the 18th annual Foundation Golf Tournament, will be held at Canyon Springs Golf Club in San Antonio, Texas, on Wednesday, Sept. 9. There are still slots available for players of all levels. Come out and join us for a fun day on some of the greenest greens in Texas.
Have you registered for the Young Professionals "Get Stuff Done" Conference in Galveston, Texas? Well, what are you waiting for? Walk this way, because all your mover-and-shaker peers will be there. The "Get Stuff Done" Conference for YPs takes place Aug. 20-21—at the beach!
The Cornerstone Credit Union League's IRA Seminars will prepare you to open, move, and close IRAs and get all the paperwork right in the process. If you've been afraid of IRAs or just don’t have enough basic knowledge, this one day review will get you excited and motivated to become the IRA expert at your credit union.
From Andy Reed, president and CEO of Texas People Federal Credit Union in Fort Worth comes a story that warms all of our hearts and reminds us why credit unions are so needed and valued in our communities. First, never forget, it's about the people. Reed, in a stirring Facebook post, brings us a story about a special person named Harry, one of Texas People FCU's members.
Learn about Cornerstone Credit Union League, view our media kit and get in touch with our media contacts.
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