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House Passes Bipartisan JOBS and Investor Confidence Act
July 18, 2018

In a near unanimous vote of 406–4, the House passed the bipartisan “JOBS and Investor Confidence Act of 2018” yesterday. The bill, which comprises 32 individual pieces of legislation that have passed the Financial Services Committee or the House this Congress with broad bipartisan support, was the third and largest installment of “Jumpstart Our Business Startups (JOBS) Act” legislation aimed at helping small businesses, entrepreneurs, and investors by reforming our capital markets.

$736M Share Insurance Distribution Payments to Occur Week of July 23
July 18, 2018

Next week, the National Credit Union Administration will pay dividends for more than 5,700 institutions eligible for the $735.7 million Share Insurance distribution, the agency announced yesterday.

Joint Letter Urges House Leaders to Prohibit Postal Service Banking
July 18, 2018

In a joint letter sent Monday to House Speaker Paul Ryan and Democratic Leader Nancy Pelosi, Credit Union National Association urged adoption of Rep. Patrick McHenry's (R-N.C.) amendment to the Financial Services and General Government (FSGG) appropriations bill, which would prohibit the U.S. Postal Service from providing banking services.   

Momentum Slows in Consumer Housing Confidence
July 18, 2018

The Fannie Mae Home Purchase Sentiment Index fell 1.6 points in June to 90.7 after reaching new survey highs in April and May. The decline can be attributed to decreases in four of the six HPSI components.

Small CUs! Get Essential CECL Training with Cornerstone
July 18, 2018

Don’t be caught off-guard! The new, required changes for CECL implementation will demand more from you than a few simple tweaks and a few months' prep time. Join Cornerstone for "CECL Training for Small CUs." 

Credit Unions for Kids
You Can Change a Child's Life with Your Spare Coins
July 17, 2018

Did you know... One child’s cancer treatment costs $75,000 on average. An MRI of the brain and brainstem to find tumors and other abnormalities costs $17,000. Just one week’s worth of critically needed blood supply, if purchased from a community blood bank, costs over $50,000. These costs are astronomical for most families, yet going without these services can be the difference between life and death. These families need our help.

Reality Fair technology
Bite of Reality App Grants Now Available from Foundation
July 17, 2018

Credit union organizations can now apply for a Bite of Reality App Grant from the National Credit Union Foundation through Aug. 31, 2018. The Foundation is looking to distribute up to $50,000 in grant funds to credit union organizations as part of this effort.

CUNA Mutual AdvantEdge Analytics Launches New Industry Data Platform Integrated with Microsoft’s Common Data Model
July 17, 2018

CUNA Mutual AdvantEdge Analytics announced today it has launched its new data platform for the credit union industry, which leverages Microsoft’s technology. This collaboration between Microsoft and AdvantEdge Analytics, announced in March, debuts one of the first industry-specific Common Data Model extensions designed for credit unions. The announcement is in conjunction with Microsoft Inspire 2018.

Join Cornerstone for Small CU Workshops in August
July 17, 2018

The Cornerstone Credit Union League provides training workshops for small credit unions each year, sponsored by Cornerstone Credit Union Foundation and Credit Union Resources. The featured topics this year are collections, small credit union compliance, and hot topics.

Texas CU Commission Approves Recommendations at July 13 Meeting
July 16, 2018

During its meeting of July 13, the Texas Credit Union Commission welcomed new member Elizabeth “Liz” Bayless who was appointed by Gov. Greg Abbott for a term set to expire on Feb. 15, 2019. She was the executive vice president of the Texas State Affordable Housing Corporation and has extensive experience in the financial industry. 

Sarah Spooner
RelyOn Credit Union Promotes CFO Spooner to CEO
July 16, 2018

Dallas-based RelyOn Credit Union on Thursday said its board of directors has appointed Sarah Spooner as its new president and chief executive officer. According to the $64 million credit union, Spooner has served as RelyOn’s chief financial officer for the last year and a half.

Date Event Location
7/23/2018 Houston Chapter Food Drive Houston, TX
7/23/2018 Webinar: The Changing Faces of Fraud Online
7/24/2018 - 7/25/2018 Women's Leadership Conference Dallas, TX
7/24/2018 Fort Worth Chapter Training Fort Worth, TX
7/26/2018 HR Roundtable Oklahoma City, OK
8/2/2018 - 8/3/2018 YP Conference Houston, TX
8/7/2018 - 8/8/2018 ALM Workshops Lubbock, TX
8/7/2018 CECL Training for Small CUs Plano, TX
8/7/2018 Fort Worth Chapter Bowling Tournament Fort Worth, TX
8/8/2018 - 8/10/2018 Compliance & Audit Conference Oklahoma City, OK
8/8/2018 - 8/10/2018 HR Conference Oklahoma City, OK
8/9/2018 Coastal Bend Chapter Breakfast Meeting Corpus Christi, TX