Inside Cornerstone
Headlines
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NCUA Board Approves CECL Phase-in Final Rule
Through a live audio webcast, the National Credit Union Administration board held its sixth open meeting of 2021 and unanimously approved a final rule that would phase in the day-one adverse effects on regulatory capital that may result from the adoption of the current expected credit losses (CECL) accounting methodology over a three-year period. -
McCarter LaBorde Named Next President/CEO of World Council
World Council of Credit Unions’ board of directors has selected Elissa McCarter LaBorde as the organization’s new president and chief executive officer. -
Three Charities Receive Funds from Endurance FCU Golf Tourney
Endurance Federal Credit Union in Duncan, Okla., awarded three local charities with funds that were raised at the 12th Annual Charity Golf Tournament. -
True Sky Credit Union Partners with Church to Expand into Eastside
New Bethel Baptist Church and True Sky Credit Union have partnered to build a self-service branch at N.E. 23rd Street and Missouri Avenue in Eastside Oklahoma City, where a groundbreaking was held on June 22. -
In This Week’s Leaguer
In this week’s Leaguer, Texas Gov. Greg Abbott announces a special session beginning July 8 but hasn’t yet revealed the agenda items that lawmakers will meet to debate. Stay tuned.
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.