Inside Cornerstone

As part of its Call Report Modernization Initiative and following the NCUA Board’s approval of a final rule that simplifies the risk-based capital requirements for eligible, complex credit unions, the NCUA has modified the Call Report, Form 5300, beginning with the March 2022 reporting cycle.

To allow federally insured credit unions more time to complete and submit the voluntary Credit Union Diversity Self-Assessment, the National Credit Union Administration has extended the deadline from Jan. 15 to Jan. 31, 2022.

After a few moments of shock and disbelief, a lucky Mansfield woman welcomed the new year with an extra $49,999.99 in her Prize Savings Account after her name was drawn as the Neighborhood Credit Union Grand Prize Winner.

Fort Worth-based Unity One Credit Union promoted Clarissa Ramirez to its newly created community engagement coordinator position.

FivePoint Credit Union President/CEO Erik M. Shaw announced that Amanda King has been promoted to loan servicing supervisor for the credit union.