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FinCEN Issues Advisory on Corrupt Foreign Officials and Human Rights Abuses
June 22, 2018

The Financial Crimes Enforcement Network issued an advisory (FIN-2018-A003) this week, highlighting the connection between “corrupt senior foreign political figures” and their enabling of human rights abuses.

Pending Regulatory Comment Calls
June 22, 2018

The following table shows pending regulatory proposals quickly coming to deadline. Cornerstone and Credit Union National Association will be submitting comments. Credit unions are encouraged to use PowerComment to file comment letters with regulators. 

House's Dear Colleague Letter Seeks to Clarify ADA Ambiguities
June 22, 2018

More than 100 members of the U.S. House signed onto a letter submitted Wednesday to Attorney General Jeff Sessions to seek guidance and clarity on how to best comply with website standards for the Americans with Disabilities Act. America's credit unions continue to be targets of predatory litigation alleging ADA violations, specifically as it applies to websites. 

NCUA Votes on Revisions to Finalize FOM Rule
June 22, 2018

Yesterday, the National Credit Union Administration voted on several revisions at its monthly meeting, namely a final rule on field of membership. The rule will permit credit unions to submit a field of membership application to serve a well-defined local community exceeding 2.5 million people.

Upcoming Free Webinars from Verafin
June 22, 2018

Keep your credit union secure. Verafin, a leader in cloud-based, cross-institutional fraud detection and anti-money laundering (FRAMLx) collaboration software, is offering free webinars on topics including new FFIEC CDD exam procedures and the benefits of automating your CDD processes.

HR Pros! Join Us for Human Resources Roundtables in Houston
June 22, 2018

The Cornerstone Credit Union League HR Council is sponsoring various HR Roundtables in Houston. These roundtables are an excellent way to network with your peers and share best practices. Choose a session below and register today. 

Disgruntled Debtors: How to Deal with Nuisance Disputes of Negative Credit Bureau Reports
June 22, 2018

The scenario is an unsurprisingly common one for lenders and credit reporting agencies: a debtor defaults on a loan or other financial obligation to a credit union, which in turn makes a derogatory report to credit reporting agencies. What happens when a consumer doesn’t like what she sees on her file?

Cornerstone Credit Union Foundation
Cornerstone Foundation Poised to Help South Texas CUs Impacted by Flooding
June 21, 2018

The Cornerstone Credit Union Foundation reminds credit unions that it is poised to help credit union staff and volunteers impacted by the recent flooding in South Texas. Phase One emergency relief grants are available now.

Minerva Suarez with Shirley Geary
Greater Texas CU Recognized for Supporting St. Jude Children's Research Hospital
June 21, 2018

Greater Texas Credit Union’s two Houston locations were recognized for fundraising $1,566 by supporting St. Jude Children's Research Hospital’s Halloween pinup sales.

Jared Byrd
5Point Credit Union Announces New AVP Lending
June 21, 2018

Erik Shaw, president/CEO of 5Point Credit Union, has announced that Jared Byrd has joined the credit union as the assistant vice president of lending.

Senate Votes Down CDFI Rescission Legislation
June 21, 2018

U.S. Senate leadership on Wednesday voted down legislation that would rescind $141 million from the Treasury's Community Development Financial Institutions (CDFI) Fund by a 50 to 48 vote. 

Date Event Location
6/26/2018 Houston Chapter Meeting Houston, TX
6/26/2018 Fort Worth Chapter Meeting Fort Worth, TX
6/27/2018 Central Arkansas Chapter Meeting Little Rock, AR
6/27/2018 HR Roundtable Houston, TX
6/28/2018 Greater Oklahoma Chapter Meeting Oklahoma City, OK
7/1/2018 Coastal Bend Chapter Baseball Game Corpus Christi, TX
7/8/2018 - 7/18/2018 SCMS Fort Worth, TX
7/11/2018 Webinar: Disgruntled Debtors: How to Deal with Nuisance Disputes of Negative Credit Bureau Reports Online
7/17/2018 Houston Chapter Poker Tournament Houston, TX
7/18/2018 BSA and OFAC Training Teleconference
7/20/2018 Foundation FOCUS Train the Trainer Little Rock, AR
7/23/2018 Houston Chapter Food Drive Houston, TX