Inside Cornerstone

Cornerstone League has named Washima Huq of Texas Trust Credit Union in Arlington, Texas, as the 2021 Young Professional of the Year during its Young Professionals Conference in Dallas on Aug. 12.

In our third month of highlighting some of our movement’s trailblazers, Cornerstone is pleased to feature credit union leaders in Oklahoma who continue to set high bars for the next generation: Michael Kloiber, Larry Shropshire, and Gina Wilson.

The advocacy prowess of Oklahoma credit unions was evident on Tuesday, Aug. 17, as local industry leaders conducted two separate meetings with members of Oklahoma’s congressional delegation.

Credit Union National Association and National Association of Federal Credit Unions joined with a group of financial trade associations, including the American Bankers Association, to request the Federal Reserve withdraw its proposal to amend Regulation II unless modified.

Across the credit union system, auto loan growth has flattened in recent years. Consumer preferences, economic conditions, competition, and technology has been shifting since long before the start of the COVID-19 pandemic.