Inside Cornerstone
Headlines
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NCUA sends letter to credit unions on CAMELS rating system
The National Credit Union Administration Board approved a final rule that added the Sensitivity to Market Risk, or “S,” component to the existing CAMEL rating system and redefined the Liquidity Risk, or “L,” component. -
Waters introduces landmark FOM bill for underserved communities
Yesterday, House Financial Services Committee Chair Rep. Maxine Waters (D-Calif.) introduced the landmark Expanding Financial Access for Underserved Communities Act, which is supported by CUNA, Cornerstone League, and other leagues. -
Is your overdraft program free from bias?
Incorporating consumer data and innovative technologies, such as artificial intelligence (AI) or machine learning, into service delivery strategies has become more commonplace amid the pandemic as consumer service expectations change and fintech competition increases. -
Arlington Women’s Alliance names Washima Huq a Rising Star
Executive Director Washima Huq of the Texas Trust Gives Foundation, the nonprofit arm of Texas Trust Credit Union, has received the Rising Star award from the Greater Arlington Chamber’s Women’s Alliance. -
PrimeWay FCU eliminates overdraft protection fees
PrimeWay Federal Credit Union is eliminating all overdraft protection fees and lowering non-sufficient funds (NSF) fees to $15. The change goes into effect on June 1. This is the next step in better money management.
Upcoming Events
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SHIFT Lending & Collections Conference
Irving, TexasHosted in partnership with the Cornerstone Lending & Collections Council, this conference provides networking and education opportunities for lending and collections professionals. -
Cocktails & Credit Unions
Leawood, KSJoin fellow credit union advocates for an afternoon of networking with credit union leaders and legislative supporters—compliments of the Credit Union Political Action Committee (CUPAC) of Kansas! -
CEO Roundtable - Houston
Houston, TXOpportunity for CEOs to engage in discussions with colleagues from around the region. -
Webinar: The 5300 Survival Guide- Building a Reliable Call Report Process
OnlineIn this session, credit unions will learn to build a streamlined call report process so that it does not feel overwhelming. We will break down the essential components of a strong reporting workflow and highlight the most common challenges that credit unions face when preparing the 5300 in-house. -
Webinar: Practical Tool to Combat AI Fraud
OnlineJoin the Fraud Council for a no-hype, vendor-free look from someone working on the operational side, just like you. This session is focused on AI Fraud and is designed for credit union professionals across member onboarding, fraud, lending, and operations.