Retail FeesNew Report Available for League Members

Average Retail Fees

Bi-annual report on fees charged by CUs and banks.

New Cornerstone Product for CUs: Average Retail Fees Report
October 21, 2016

The Cornerstone Credit Union League is now providing members with a new product called the Average Retail Fees Report, which will be provided on a bi-annual basis as a benefit of membership in the league.

Vicente Gonzalez and Security First FCU
Rio Grande Valley CUs Meet with Congressional Candidate Gonzalez
October 21, 2016

Credit unions in the Rio Grande Valley of Texas had the opportunity to meet with Vicente Gonzalez, Democratic candidate for Congressional District 15. Gonzalez is running to replace the retiring long-time Congressman Ruben Hinojosa. 

Smart Financial Foundation Announces 2016 Lifetime Achievement & Community Impact Awards
October 21, 2016

The Smart Financial Foundation has announced its 2016 Lifetime Achievement Award and Community Impact Awards. This year’s honorees will be recognized at the Foundation’s annual Fall Luncheon on Monday, Nov. 7, at the Junior League of Houston (1811 Briar Oaks Ln, Houston, Texas 77027).

President Obama Recognizes ICU Day
October 21, 2016

President Barack Obama issued a special message to all those celebrating International Credit Union Day on October 20, 2016. The President’s message was made possible as a direct result of the CUNA/League system’s advocacy efforts.

Stan Hollen Recognized for Distinguished Leadership with 2017 Herb Wegner Memorial Award
October 21, 2016

In recognition of his illustrious career as a credit union leader, one defined by bold risks, deep generosity, and resolute adherence to the core values of the movement, the National Credit Union Foundation has announced Stan Hollen, retired president/CEO of CO-OP Financial Services, as the recipient of a 2017 Herb Wegner Memorial Award for Outstanding Individual Achievement.

Final FOM Rule, Supplemental Capital Briefing on NCUA’s Oct. 27 Agenda
October 21, 2016

The NCUA board will vote on its final field of membership rule at its Oct. 27 open board meeting. CUNA and Cornerstone support the rule, as it would provide greater choice for consumers and provide flexibility for credit unions to better serve their communities.

Filene: Loyal Customers Buy 14 Percent More Products than Non-Loyal Customers
October 21, 2016

Results from Filene's 20-month pilot with Larky show promising ways to engage members and increase loyalty through location-based discounts via mobile.

InfoSight Highlight: FinCEN BSA Leadership Expectations
October 21, 2016

The appropriate involvement of a credit union’s leadership in its BSA/AML program should be at least commensurate with the credit union’s level of risk exposure. This includes ongoing risk assessment, sound risk-based member due diligence, appropriate detection and reporting of suspicious activity, and independent program testing. BSA/AML compliance officers should be familiar with guidance by federal functional regulators, self-regulating organizations, and FinCEN as well.

Profit Taken from Members vs. Value Returned—New Ideas Institute
October 21, 2016

Banks and credit unions share a similar business model—how each makes money is identical. However, that's where the similarity stops. A bank board will advocate for the maximization of long-term value for stockholders, which is easily measured. A credit union board will advocate for member value, which is hard to define and subjective. The challenge is striking the appropriate balance between profit extracted from members and value returned to members.

Consumer Lending and Military Lending Act Webinar
October 21, 2016

In just one hour, you can learn about the compliance risks lurking inside the Military Lending Act and get a great update about what's new. Presenter Jen Torbeck will walk you through everything you need to know.

FTC to Hold Public Conference on Identity Theft
October 21, 2016

The Federal Trade Commission has announced it will host an all-day conference, “Planning For the Future,” examining the state of identity theft now and how it may evolve in the future. The event will take place on May 24, 2017, in Washington, DC. The conference will be free and open to the public, and will be livestreamed.

Date Event Location
10/24/2016 South Central Arkansas Chapter Meeting Malvern, AR
10/25/2016 Fort Worth Chapter Golf Tournament Euless, TX
10/25/2016 - 10/26/2016 Lending Seminar Little Rock, AR
10/25/2016 Webinar: Calling all Volunteers! Advocacy Engagement for CU Directors Online
10/25/2016 Central Texas Chapter Meeting McGregor, TX
10/27/2016 Central Arkansas Chapter CULAC Dinner & Fundraiser North Little Rock, AR
11/3/2016 - 11/4/2016 Chapter Leaders Conference Houston, TX
11/3/2016 - 11/4/2016 New Ideas Institute Grapevine, TX
11/8/2016 - 11/9/2016 ALM Workshop Oklahoma City, OK
11/8/2016 Webinar: Consumer Lending Update: Military Lending Act Online
11/8/2016 Pineywoods Chapter Training Lufkin, TX
11/9/2016 - 11/10/2016 IRA Seminars Little Rock, AR