Inside Cornerstone
Headlines
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NCUA releases Simplified CECL Tool for small credit unions
The National Credit Union Administration has released a new tool to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit loss, or CECL, which goes into effect for most credit unions at the start of 2023. -
Credit union lending, assets, insured shares, and deposits continue growth
Financial performance data released by the National Credit Union Administration shows total loans outstanding in federally insured credit unions increased by $194 billion, or 16.2%, over the year ending in the second quarter of 2022, to $1.39 trillion. -
Multicultural business strategy starts with internal commitment to inclusion
A multicultural business strategy is essential if credit unions are to remain relevant to an increasingly diverse marketplace. Over the last five years, multicultural consumers accounted for 61% of credit union growth. -
Resource One CU and A New Direction CU to merge late this year
Resource One Credit Union and A New Direction Credit Union have received regulatory approval to merge in late 2022. -
Texans CU strengthens management team with five internal promotions
Richardson-based Texans Credit Union continues to strengthen its management team and provide career paths for its employees.
Upcoming Events
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Hike the Hill
Washington, D.C.Join Cornerstone as we visit with key regulatory agencies and members of Congress in Washington DC. Registration for Cornerstone events is coming soon. -
Webinar: Understanding NCUA's Deregulation Efforts
OnlineJoin the Compliance & Audit Council for a clear, practical breakdown of NCUA's ongoing deregulation initiative. Through nine rounds, the agency is working to provide relief to credit unions by eliminating outdated, redundant, and burdensome rules affecting our industry. -
A Conversation with the New Texas Credit Union Commissioner Robert Etheridge
OnlineCommissioner Etheridge will provide an update on the status of the credit union system in Texas and an overview of the Texas Credit Union Department, including the department’s operational status, staffing, budget, financial performance, and upcoming priorities and goals. -
PAC at the Ballpark — Springfield
Springfield, MOCome out and support your local baseball team and your credit union all at the same time! Cornerstone invites you to a night out at the ballpark. -
Webinar: Deposit Growth & Member Affordability
OnlineSuccess in 2026 requires a dual-focus strategy: securing the liquidity necessary for growth while remaining a steadfast partner in member affordability. This session explores how to move beyond traditional, fragmented data to gain a 360-degree view of a member's financial life.