Cornerstone content in the latest Perspectives magazine is geared toward developing next-gen credit union leaders.

Explore the impact of your support in the 2023 Cornerstone Foundation Impact Report.

The NCUA approved another proposed rule on succession planning. They also issued a proposed rule back in February of 2022 to require federal credit unions to establish a process for succession planning for key positions.

Our business account owners are asking questions about their new Beneficial Ownership Information (BOI) reporting requirements. Is there a resource we can direct them to?

Learn to identify and mitigate risks, detect and prevent fraud, and implement effective risk management protocols.

Cornerstone Foundation's Disaster Relief Grants assisted Ben Smith in recovering from severe hail damage to his home.

Sabine Chapter hosts CUYP Mixer to demonstrate community spirit and support kids in need of school supplies.

Meet the credit union movement’s up-and-comers from the under-40 crowd. This month: Linsi Schimmel, Marisol Castro, and Spencer Harman.

Credit union leaders addressed the Oklahoma City Sister Society and held a school supplies drive for homeless youth.

Cornerstone recognizes the professional advancements and milestones of member credit union leaders and staff.

Cornerstone recognizes member credit union news about their growth, expansion, and endeavors in the community.

America’s Credit Union Museum announced its 2024 inductees to “Credit Union Women Making History: Herstory.”

A credit union win! Community Reinvestment Act language was excluded from the American Housing and Economic Mobility Act.

The CFPB’s final rule on nonbank covered entities, effective Sept. 16, 2024 requires these entities to report certain information through a CFPB-established registry.

Did the Consumer Financial Protection Bureau (CFPB) extend the Small Business Lending Rule effective dates?

Catalyst offers assistance and guidance for credit unions seeking to join the FedNow Service. Its strong team has expertise in faster payments, and it aims to make the onboarding process as smooth as possible for its partners. Through its user-friendly portal, CatalystPay, Catalyst provides support in understanding the Federal Reserve paperwork, initiating the service, and facilitating settlement.

On July 19, 2024, the Texas Credit Union Commission met at the Texas Credit Union Department in Austin. Below is a summary of the meeting.

As a reminder, the Department of Labor passed a final rule amending the Fair Labor Standards Act (FLSA) overtime exemption analysis for "white collar" or "EAP" exemptions and the "highly compensated employee" exemption.

How do I ensure these names are entered properly on a Currency Transaction Report (CTR)?

Millennium Corporate Credit Union offers an overnight liquidity account for credit unions to maximize earnings on excess funds. They provide balance-tiered earnings with competitive rates, low minimum balance requirements, and unlimited no-fee account transfers. Partnering with them also gives access to payment transfer experts for wire transfer and ACH processing, ensuring competitive rates and exceptional service tailored to specific needs.