Inside Cornerstone
Headlines
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Cornerstone CEO Interviewed by American Museum of Credit Unions
The American Museum of Credit Unions just posted a new video for their series, Moments in Credit Union History. -
NCUA to Distribute $865.5M Under Corporate System Resolution Program
The National Credit Union Administration, in its role as liquidating agent, announced on Monday an $865.5 million distribution to the 1,800 membership capital accountholders of the former Members United, Southwest Corporate, and U.S. Central corporate credit unions. -
Biden Appoints Sandra Thompson as Acting FHFA Director
On June 23, President Joe Biden designated Sandra L. Thompson as acting director of the Federal Housing Finance Agency. The appointment came hours after Biden ousted the agency’s previous director, Mark Calabria. -
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.
Upcoming Events
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Pull for PAC
Columbia, MOJoin fellow credit union advocates for a day of fun, fellowship, and fundraising at the Pull for PAC event—supporting the Credit Union Political Action Committee (CUPAC) of Missouri! -
Webinar: AI and the Evolution of Social Engineering Attacks
OnlineThis annual NCUA-compliant security awareness training explores how artificial intelligence is transforming social engineering tactics used by cybercriminals. Participants will learn about the latest AI-powered threats—including highly realistic deepfake audio/video, sophisticated phishing emails, voice cloning, and adaptive manipulation techniques—along with practical strategies to recognize, prevent, and report these evolving attacks. -
Webinar: The Digital Dollar Revolution: Stablecoins, Tokenized Deposits, and Digital Dollars
OnlineThe dollar is being rebuilt for the digital age. Stablecoins and tokenized deposits are transforming money from a static store of value into a programmable financial asset that moves globally, settles instantly, and operates around the clock. This session examines the technologies, regulatory developments, opportunities, and risks that will define the next generation of financial services. -
CEO Roundtable - Wichita
Wichita, KSOpportunity for CEOs to engage in discussions with colleagues from around the region. -
CEO Roundtable - Dallas/Fort Worth
Arlington, TXOpportunity for CEOs to engage in discussions with colleagues from around the region.