Inside Cornerstone

In a final rule effective Nov. 16, the Financial Crimes Enforcement Network (FinCEN) will require financial institutions that lack a functional federal regulator to meet new anti-money laundering (AML) requirements very similar to those that apply to other federally regulated institutions.

The Credit Union National Association and its League partners are the most influential financial services organization and one of the top 10 most effective advocacy organizations in Washington, D.C., according to an independent study conducted by Ballast Research earlier this year.

After 41 years at the Cornerstone League, Karen Hart, EVP, CFO, and CAO, announced her retirement in April 2021. In addition to being the “Hart” of Cornerstone, she has been instrumental in taking the helm on complex projects such as the consolidation of nearly 10 organizations into three in 2013.

Greater Texas Federal Credit Union exemplifies the International Credit Union Day theme of “Inspiring hope for a global community.” The credit union empowers members and non-members alike to look beyond the day to day and plan ahead for a brighter future.

This year, CUNA and the World Council have chosen the theme, “Inspiring hope for a global community” for International Credit Union Day on Oct. 15.