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December 2017
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Arkansas Tax Reform and Relief Legislative Task Force Update
Tuesday, December 12, 2017 7:00 AM

The Arkansas Tax Reform and Relief Legislative Task Force met Dec. 5–6 to continue studying the impact of tax reform in other states across the country. The task force reviewed an extensive report comparing tax rates in Arkansas to those of surrounding states and those with similar populations and economic factors.

Resource One CU Supports Salvation Army’s Angel Program
Tuesday, December 12, 2017 6:55 AM

Resource One and its employees supported the Salvation Armies of Dallas and Houston by adopting several angels from the Angel Tree program this year. The credit union and its employees provided 34 angels with clothing and toys, just in time for Christmas.

House Passes FI Consumer Protection Act, HR 2706
Tuesday, December 12, 2017 6:50 AM

The House passed the Financial Institution Consumer Protection Act (H.R. 2706) on Monday, a bill consistent with CUNA’s bipartisan, pro-consumer Campaign for Common-Sense Regulation by removing barriers keeping credit unions from more effectively serving their members.

Enhance the Value of Membership with TurboTax
Tuesday, December 12, 2017 6:45 AM

The Love My Credit Union Rewards TurboTax program provides your members with savings of up to $15 on TurboTax federal products. The program also helps you enhance the value of members and build member loyalty. Many of your members may already be using TurboTax and not getting a discount. Help your members save on TurboTax this coming tax season.

Hotel Cancellation Deadline is Dec. 15 for CUNA GAC
Tuesday, December 12, 2017 6:40 AM

More than 5,000 credit union professionals will gather in Washington, D.C., in 2018 for the national credit union event of the year: the 2018 CUNA Governmental Affairs Conference, Feb. 25 to March 1.

Texas Trust Donates $5,000 and Hundreds of Gifts to Toys for Tots
Monday, December 11, 2017 7:00 AM

At the annual Toys for Tots drive in Mansfield, Texas, Texas Trust Credit Union delivered hundreds of toys and a check for $5,000. This is the sixth year Texas Trust has played a key role in the annual toy collection event, held at the Mansfield ISD Center for the Performing Arts.

Chapter Holds Second Annual Marathon for the Hungry
Monday, December 11, 2017 6:55 AM

The Wright Patman Chapter of Credit Unions held their second annual Marathon for the Hungry food drive Nov. 30, partnering with Fox Sports Radio 1400 at a local Wal-Mart Neighborhood Market store and the Harvest Regional Food Bank.

FHA Announces No Insurance for New Mortgages on Properties with PACE Assessments
Monday, December 11, 2017 6:50 AM

On Thursday, the Federal Housing Administration announced it would no longer insure new mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. This announcement is a victory for credit union mortgage lenders. PACE loans offer finance financing for energy efficiency upgrades but can cause serious problems because they are recorded as property tax assessments, superior to an underlying mortgage, thus encumbering a credit union's interest in a property in case of default. 

Remarkable Facts about Remittances
Monday, December 11, 2017 6:45 AM

I recently came across some statistics that impressed me, and I thought you might like to learn what I learned about the size of the market for remittances.

Join Us for a Special Disaster Recovery Planning Webinar Dec. 13
Monday, December 11, 2017 6:40 AM

After witnessing Hurricane Harvey and the subsequent recovery efforts in South Texas, the need for having a disaster plan in place to ensure your credit union's business continuity couldn't be clearer. Cornerstone Credit Union League hopes to make it easy for you to be proactive about getting that plan in place, so we're hosting a special Disaster Recovery Webinar in collaboration with CUNA Mutual Group, CO-OP Financial Services, InTouch Credit Union, and PSCU.

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