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March 2018
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InfoSight Highlight: Bank Secrecy Act Channel
Friday, March 16, 2018 7:00 AM

The Bank Secrecy Act (BSA), also known as The Financial Recordkeeping and Reporting of Currency and Foreign Transactions Act of 1970, was enacted to help in the investigations of money laundering, tax evasion and other criminal activity.

Pending Regulatory Comment Calls
Friday, March 16, 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. 

AMOCO FCU Announces Selection of New VP of Lending
Friday, March 16, 2018 6:50 AM

AMOCO Federal Credit Union has named Joe Mayhew as its new vice president of lending effective Monday, March 19, 2018. Credit Union Resources conducted the executive search for the $850 million dollar credit union. 

In Memoriam: Credit Union Hall of Famer James Chiarizio
Friday, March 16, 2018 6:45 AM

Longtime credit union champion James “Jim” A. Chiarizio, of Texarkana, died March 10. He was 89 and a veteran of the United States Navy.

CUNA Announces Winners of Diamond Awards
Friday, March 16, 2018 6:40 AM

Elevations CU was awarded the Diamond Best of Show Award, the highest honor in the CUNA Marketing & Business Development Council’s Diamond Awards competition, during the Council’s 25th annual conference, March 11-14 in San Francisco, Calif.

NCUA Board Seeks Comments on Possible Credit Union Bylaws Changes
Friday, March 16, 2018 6:35 AM

The National Credit Union Administration Board held its third open meeting of 2018 at the agency’s headquarters here today and unanimously approved two items.

National Federation Launches Juntos Avanzamos Website
Friday, March 16, 2018 6:30 AM

The National Federation of Community Development Credit Unions has announced the launch of, a new website to help Hispanic consumers locate a Juntos Avanzamos (Together We Advance) designated credit union in the U.S. The launch will be celebrated at the Mexican Consulate in New York City on March 15, 2018, the start of the Mexican Government's Financial Education Week.

Are You Prepared Should Disaster Strike Your Credit Union?
Friday, March 16, 2018 6:25 AM

The time to prepare for disasters is far before the disaster happens. Disasters come in all forms, including robberies, fires, terrorism, hurricanes, and tornadoes. That's why Cornerstone is partnering with the League of Southern Credit Unions and Affiliates (LSCU) to promote the Disaster Preparedness Conference.

El Paso Chapter Donates $3,150 to Lee and Beulah Moor Children's Home
Thursday, March 15, 2018 7:00 AM

On March 13, the El Paso Chapter of Credit Unions presented a check for $3,150 to the Lee and Beulah Moor Children’s Home in El Paso. The funds were raised for the El Paso Chapter of Credit Unions Annual Golf Classic held last November at Butterfield Trail Golf Club.

AMOCO FCU Announces Selection of New VP of Branch Operations
Thursday, March 15, 2018 6:55 AM

Claudia Maldonado has been named as AMOCO Federal Credit Union’s new vice president of branch operations effective Monday, April 16, 2018. The executive search was conducted by Credit Union Resources for the $850 million dollar credit union. 

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