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Texas CU Commission Approves Recommendations at July 13 Meeting
Monday, July 16, 2018 7:00 AM

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. 

RelyOn Credit Union Promotes CFO Spooner to CEO
Monday, July 16, 2018 6:55 AM

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.

Muskogee FCU Participates in First Annual Make Music Muskogee
Monday, July 16, 2018 6:50 AM

Muskogee is the first “Make Music” city in Oklahoma that is part of the worldwide Make Music Day celebration of music held annually on the summer solstice. The festival, which is observed on the same day in more than 750 cities internationally, is the world’s largest annual music event and open to everyone. 

NCUA, FTC Hosting Facebook Live Event on Protecting Military Consumers from Scams
Monday, July 16, 2018 6:45 AM

Members of the military, veterans, and their families lost more than $25 million last year to imposter scams. As a result, the National Credit Union Administration and the Federal Trade Commission are hosting a live Facebook event on July 17 to help military consumers learn how to protect themselves.

What Can Be Said in 280 Characters?
Monday, July 16, 2018 6:40 AM

Catalyst Corporate's 41st annual Future Forums is just around the corner. You won't want to miss its dynamic line-up of speakers, including Twitter co-creator and author Dom Sagolla.

Learn Coaching Skills for Winning Managers
Monday, July 16, 2018 6:35 AM

If you want to excel in your leadership and management role, training is key. Cornerstone invites you to a new workshop, "Coaching Skills for Winning Managers," where participants explore proven ways to build a dynamic team of individuals working toward common goals. In this solutions-focused workshop, you'll learn how to coach and motivate your team for success, while taking your own leadership and management skills to the next level.

Leverage the CU Difference at Principles and Philosophy Conference
Monday, July 16, 2018 6:30 AM

The principles and philosophies that guide credit unions are simply good business. Understanding the application of these principles and philosophies will help define the future of the credit union movement and offer the primary differentiators for credit unions in the marketplace that should help generate more loyal memberships.

InfoSight: Loan Channel, Allowance for Loan and Lease Losses
Friday, July 13, 2018 7:00 AM

The allowance for loan and lease losses (ALLL), sometimes referred to as the loan-loss reserve, is a general reserve account maintained by the credit union to absorb loan losses. A combination of unexpected events or problem borrowers disrupts even the most reliable credit union’s plans, and the result is some amount of loss. To absorb these losses, credit unions maintain the allowance for loan and lease losses.

Pending Regulatory Comment Calls
Friday, July 13, 2018 6:55 AM

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. 

Texas Credit Union Commissioner Feeney to Retire
Friday, July 13, 2018 6:50 AM

Harold Feeney, Credit Union Commissioner of Texas, has announced that he will retire at the end of 2018. He has served as commissioner in Texas for 23 years. 

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