Inside Cornerstone

Yesterday, the U.S. House passed H.R. 2543, the Expanding Financial Access for Underserved Communities Act, as part of a larger financial services bill.

Texas Credit Union Department Commissioner John Kolhoff has announced his resignation, effective July 15, 2022. The Credit Union Commission will promptly begin a search for his replacement.

On June 10, the Texas Credit Union Commission met at the Texas Credit Union Department building in Austin. The following is a summary of the meeting.

Co-op Solutions and Constellation Digital Partners announced Tuesday that the two credit union service organizations have formed a task force of mutual clients to expedite integration of Co-op digital apps into Constellation’s online and mobile banking platform.

Federally insured credit unions experienced growth in assets, shares and deposits, and loans outstanding over the year ending in the first quarter of 2022, according to the latest Quarterly U.S. Map Review released Tuesday by the National Credit Union Administration.