Inside Cornerstone

Financial performance data released by the National Credit Union Administration shows total loans outstanding in federally insured credit unions increased by $194 billion, or 16.2%, over the year ending in the second quarter of 2022, to $1.39 trillion.

A multicultural business strategy is essential if credit unions are to remain relevant to an increasingly diverse marketplace. Over the last five years, multicultural consumers accounted for 61% of credit union growth.

Resource One Credit Union and A New Direction Credit Union have received regulatory approval to merge in late 2022.

Richardson-based Texans Credit Union continues to strengthen its management team and provide career paths for its employees.

As winners of Aggieland Credit Union’s 2022 Parking Prize Giveaway, four Texas A&M University faculty and staff who are members of the credit union won’t have to worry about paying for parking this school year.