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Online Registration Available for Jan. 29 Compliance Review Seminar in Houston; Few Seats Remain for Dec. 16 Seminar in Dallas
Wednesday, December 4, 2013 6:35 AM

Online registration for Cornerstone Credit Union League’s Jan. 29 Compliance Review Seminar in Houston is now available. With a growing interest in the seminar, Cornerstone added the Houston location to accommodate more people. Additionally, Cornerstone has moved the location of its Dec. 16 Compliance Review Seminar from its headquarters in Farmers Branch to the training room at nearby Neighborhood CU. The location change was necessary to accommodate a growing waiting list.

Neighborhood CU’s training room can accommodate more people than Cornerstone’s board room, so if you are interested in attending the Dec. 16 seminar in Dallas, you may still register for that location. Neighborhood CU is located at 13651 Montfort Drive in Dallas.

If you plan on attending the Jan. 29 seminar in Houston, please be sure and register early as this seminar sells out quickly.

As credit unions are well aware, Texas statute changes take effect in 2014, and these changes affect many areas of the share account side of the credit union. All of these changes and the normal account opening procedures will be covered during this program.

Highlights include:

  • New format for the account card regarding convenience signers.
  • Greater detail in the multiple party law on set-off and rights to pay debts at death.
  • POA form and description. In the old law your member checked off the powers that applied. Now the new statute, the member crosses off the ones that do not apply.
  • Minor statute for credit unions allowing the minor to be treated as an adult in share accounts.
  • Guardianships and the duties and rights of guardians and the expiration duties.

Additional information on the Dec. 16 seminar, including registration, can be found online, at www.cornerstoneleague.coop/Compliance_Review_Seminars.html.

If you have any questions, please contact Training & Events, at (469) 385-6630 or (800) 442-5762, ext. 6630.

Educational grants are available through the Cornerstone Credit Union Foundation. To learn more, please visit www.cscuf.coop.