Cornerstone / Heartland Merger

Information regarding the proposed merger with HCUA

In June, Cornerstone League and Heartland Credit Union Association announced that they are exploring a merger. A Letter of Intent was signed on June 21, and over the summer, the organizations are undergoing an extensive due diligence process.

Cornerstone members: Bookmark this page and visit often as the Cornerstone team will post updates regularly. 

News & Updates

Important Dates

March 2022

Official discussions began 

June 21, 2022

Letter of Intent was signed 

July - Aug. 2022

Due diligence

July - Sept. 2022

Town hall meetings

Fall 2022

The Boards of both organizations will vote to approve the merger agreement, after which time member credit unions will vote.

Jan. 1, 2023

Legal merger and key integrations complete.

Town Halls

Cornerstone will be hosting various town hall meetings to provide members with details and opportunities for feedback, and answer member questions. CEOs will receive direct communications regarding town hall meetings scheduled in the region.

In addition to the town hall meetings, Cornerstone leaders will be on-hand to facilitate discussion about the proposed merger during the following events:

Aug. 9Texas CEO Roundtable
Aug. 24Small CU Hot Topics Call
Aug. 31 – Sept. 2ELEVATE CU Leadership Summit
Sept. 21Manager’s Roundtable
Oct. 20Small CU Hot Topic Webinar (tentative)
Nov. 2Oklahoma CEO Roundtable

About HCUA

Serves approximately 175 credit unions in Kansas and Missouri with 23 employees. 

Offices in Overland Park and Topeka, Kansas, and in St. Louis and Jefferson City, Missouri.

HCUA’s league service corporation and Foundation will both be part of the consolidation. 

Benefits for Cornerstone Members


As a larger regional league, Cornerstone and HCUA can preserve the unique role of financial cooperatives in the marketplace


Two well-capitalized leagues = stronger regional influence

Advocacy Icon

Even more effective advocacy


Continued advocacy presence in each state capital


Larger talent pool
= opportunities for innovation and bench depth to support succession planning


Greater efficiency
= less reliance on dues dollars, keeping credit unions’ costs as low as possible


Additional products and services 


Expanded networking options
for members

Better Together


  • 358 small credit unions (less than $90 million) 
    • Includes 56 non-affiliates
  • 134 mid-size credit unions ($90 million to $749 million) 
    • Includes 23 non-affiliates
  • 52 large credit unions ($750 million and more) 
    • Includes 12 non-affiliates 



  • 131 small credit unions (less than $90 million)
    • Includes 1 associate and 17 non-affiliates
  • 41 mid-size credit unions ($90 million to $750 million) 
    • Includes 5 associates and 1 non-affiliate
  • 12 large credit unions ($750 million and more)
    • Includes 4 associates and 1 non-affiliate 



  • 489 small credit unions
  • 175 mid-size credit unions
  • 64 large credit unions 

Combining two highly effective teams of employees will boost both capacity and talent: 

  • Cornerstone: 92
  • HCUA: 23
  • Combined: 115


What is the benefit of the merger to Cornerstone members?
Why are Cornerstone and HCUA exploring a merger?
How will Cornerstone ensure its member value proposition isn’t diluted?
Will Resources and the Foundation also merge?
Will Cornerstone Credit Unions give up Board seats?
Is HCUA financially healthy?
When will Cornerstone members vote?

Any Other Questions?

If you have any questions regarding the merger, please contact us.

For media inquiries, please contact