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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Advocacy Update - Kansas - May
OnlineCredit union advocacy leaders in Kansas are invited to hear the latest policy and political news. -
Virtual IRA Workshops
OnlineWorking in partnership with the Tennessee League, participants build foundational and advanced knowledge of IRA’s along with any updates for operational effectiveness within the credit union. -
2026 CU FinHealth Conference
Denver, COThe leading financial well-being event for credit unions and system partners. CU FinHealth is not just another conference; it is an opportunity to truly commit to the “People Helping People” mission. -
ALM Webinar Series II: Webinar 4 - Organizing an ALM Process
OnlineAs the second webinar in Series II, this session will review the components of an investment and an ALM policy, review an ALM checklist, and discuss a liquidity analysis. -
ALM Webinar Series II: Webinar 3 - GAP
OnlineAs the first webinar in Series II, this session will walk you through interest rate risk: what it is; why it impacts your credit union; and why the NCUA requires regular monitoring.