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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Sabine Chapter Leadership Roundtable
Port Neches, TXThe Sabine Chapter Leadership Roundtable will feature an engaging discussion on industry trends, shared challenges, and opportunities shaping the future of credit unions. -
Dallas & Fort Worth Chapters Meeting
Grand Prairie, TXJoin the crossover event for the Dallas Chapter and Fort Worth Chapter of Credit Unions as you get a chance to connect, collaborate, and stay informed with your peers from both chapters! This year, we're excited to welcome Mike Saylor of Blackswan Security who will dive into today’s hottest cybersecurity topics, offering insights that matter to all of us. This link goes to the Fort Worth Chapter registration. -
Webinar: The Psychology of Financial Decisions: Understanding Client Behavior for Better Outcomes
OnlineIn this session, Money Habitudes explores the psychological factors that shape financial decision-making and how they impact clients’ financial health. The class blends theory with practice—examining the role of Identity, the impact of Scarcity, cultural influences, and stress responses that affect money management. -
Webinar: Financial Literacy Month Spotlight: Building Better Money Mindsets with Money Habitudes
OnlineIn this session Money Habitudes will explore how our habits, attitudes, and emotions around money shape financial decisions. Participants will gain practical tools and insights to better understand money behaviors and support healthier financial conversations and outcomes. -
Compliance and Audit Forum
Austin, TXThe Compliance and Audit Forum is designed to provide financial professionals with in-depth insights into the evolving regulatory landscape, audit best practices, and key compliance challenges.