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September 2017
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Data Breach Resources for Credit Unions and Their Members
Thursday, September 21, 2017 7:00 AM

In view of the extraordinary data breach at Equifax, credit unions have been reaching out to Cornerstone Credit Union League with questions. While credit unions do not have specific regulatory obligations with regard to third-party breaches like Equifax, as member-owned cooperatives, credit unions are ready to assist their members in whatever ways are available.

Cornerstone's Willard Shares Hurricane Harvey Impact on CU Broadcast
Thursday, September 21, 2017 6:55 AM

As one of our nation's worst natural disasters, Hurricane Harvey delivered a catastrophic blow to the Houston area, and caught up in the storm were credit unions hoping to survive, while still striving to serve their members in need.

Cornerstone's CU Awareness Initiative Gaining Momentum with 41M Consumer Impressions
Thursday, September 21, 2017 6:50 AM

Ten months after the public unveiling of the "Feel the Difference" awareness initiative and six months after Cornerstone Credit Union League launched paid advertising across its three-state region of Arkansas, Oklahoma, and Texas, the results show an impressive public response that continues to gain momentum. 

Greater Texas CU Raises Thousands for Red Cross Hurricane Harvey Relief
Thursday, September 21, 2017 6:45 AM

Greater Texas Credit Union in Austin, Texas, raised $21,570 through employee and member fundraising, which was then matched by the credit union and presented by check on Sept. 20 to the American Red Cross to support their Hurricane Harvey relief efforts. 

Save the Date! Tis the Season for the Festival of Trees
Thursday, September 21, 2017 6:40 AM

The Cornerstone Credit Union Foundation invites you to attend the 2017 Festival of Trees Celebration and Auction. The event takes place this year for the first time in Dallas/Fort Worth at the American Airlines CR Smith Museum Nov. 14 from 5:30–8:30 p.m.

CFPB Amends Rules to Certain Mortgage Lenders Collecting Info
Thursday, September 21, 2017 6:35 AM

The Consumer Financial Protection Bureau on Wednesday modified Equal Credit Opportunity Act (ECOA) regulations to provide additional flexibility for mortgage lenders in the collection of consumer ethnicity and race information. These amendments will provide greater clarity for mortgage lenders regarding their obligations under the law, while promoting compliance with rules intended to ensure consumers are treated fairly.

NCUA Board Considers Fund Merger and Boost in Operating Level
Thursday, September 21, 2017 6:30 AM

The NCUA board will consider closing its Corporate Stabilization Fund and establishing a new Normal Operating Level at its Sept. 28 meeting. The two related issues have generated controversy in the credit union community.

CU Members Mortgage Offers Special Renovation Home Loan to Help CU Members Impacted by Hurricanes
Thursday, September 21, 2017 6:25 AM

CU Members Mortgage, a division of Colonial Savings F.A., is now offering a new renovation home loan product ideal for those members who have experienced damage as a result of Hurricane Harvey and Irma called the Fannie Mae HomeStyle loan.

Register Now for the Small CU Workshop in Snyder and Amarillo
Thursday, September 21, 2017 6:20 AM

The Cornerstone Credit Union League provides training workshops for small credit unions each year, sponsored by Cornerstone Credit Union Foundation and Credit Union Resources. The featured topics this year include: Accounting—What You Really Need to Know, The 3 R’s of Lending, and Hot Topics.