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20 Percent of CU Jobs Are Devoted to Compliance
Friday, May 18, 2018 7:00 AM

A 2017 study, conducted by Cornerstone Advisors, finds that among the nation’s credit unions regulatory burden costs have increased by $800 million in just the last two years and that one in every five credit union employees are devoted to regulatory compliance.

Pending Regulatory Comment Calls
Friday, May 18, 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. 

Darlene Parker Wins Award for Lending Professional of the Year
Friday, May 18, 2018 6:50 AM

Last night during a special recognition dinner at the Cornerstone's Southwest Lending Conference in Galveston, Texas, the 2018 Lending Professional of the Year award was presented to Darlene Parker, vice president/lending solutions for Tarrant County's Credit Union (TCCU), Fort Worth. 

Texas Rep. Johnson Promotes Prize-Linked Savings Accounts on YouTube
Friday, May 18, 2018 6:45 AM

Rep. Eric Johnson (D-Dallas), author of the legislation that allows Texas’ credit unions to offer prize-linked savings accounts (PLSA), has posted a video to promote the accounts. Johnson supports PLSAs as an incentive for individuals and families to save money. 

How Will the Gig Economy Shape Mortgage Lending?
Friday, May 18, 2018 6:40 AM

The gig economy is growing and reshaping how Americans think about work and self-employment. Our National Housing Survey found that nearly one-fifth of adults in the U.S. have provided a gig economy service, such as transportation, lodging, and food delivery, and many of them want to buy homes. But due to its on-demand nature, the gig economy income stream can be less stable.

Save the Date for the Women's Leadership Conference
Friday, May 18, 2018 6:35 AM

Have you ever felt out of balance or overwhelmed by one aspect of your life over another? What if a conference getaway could inspire you to seek your highest level of personal and professional development by providing you with information, perspectives, and strategies concerning various dimensions of development and help you restore your balance?

In Memoriam: Dowell FCU Director and CU Leader J.T. Stanberry
Thursday, May 17, 2018 7:00 AM

J.T. Stanberry, a long-time Tulsan, director on the board for Dowell Federal Credit Union, and long-time credit union leader, passed away peacefully at Clarehouse on May 14, 2018, following a brief illness. He was three days shy of his 85th birthday.

You Can Be a Winner's Choice Raffle Winner
Thursday, May 17, 2018 6:55 AM

Are you feeling lucky? The Cornerstone Credit Union Foundation is excited to announce that tickets are available for the 2018 Winner’s Choice Raffle. What does Winner’s Choice mean? 

Vela of People's Trust FCU Receives Life Member Award from Houston Partnership
Thursday, May 17, 2018 6:50 AM

Melissa Vela, People’s Trust Federal Credit Union's business development representative, received the 2018 Life Member Award from the Greater Houston Partnership. She received the award for her leadership, excellence, and commitment to the Partnership and Houston communities.

NCUA’s Streamlined CDFI Process Available for CUs June 4–22
Thursday, May 17, 2018 6:45 AM

Credit unions interesting in coordinating with NCUA in the agency’s streamlined Community Development Financial Institution (CDFI) certification applications process will be able to do so from June 4–22 and Sept. 10–28 this year.

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