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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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. -
ALM Webinar Series I: Webinar 2 - ALM Best Practices
OnlineAs the second webinar in Series I, this session will take a deeper dive into identifying how to manage earnings, calculate the 13-key ratios and explore best practices to ensure appropriate pricing.