Inside Cornerstone
Headlines
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NCUA sends letter to credit unions on CAMELS rating system
The National Credit Union Administration Board approved a final rule that added the Sensitivity to Market Risk, or “S,” component to the existing CAMEL rating system and redefined the Liquidity Risk, or “L,” component. -
Waters introduces landmark FOM bill for underserved communities
Yesterday, House Financial Services Committee Chair Rep. Maxine Waters (D-Calif.) introduced the landmark Expanding Financial Access for Underserved Communities Act, which is supported by CUNA, Cornerstone League, and other leagues. -
Is your overdraft program free from bias?
Incorporating consumer data and innovative technologies, such as artificial intelligence (AI) or machine learning, into service delivery strategies has become more commonplace amid the pandemic as consumer service expectations change and fintech competition increases. -
Arlington Women’s Alliance names Washima Huq a Rising Star
Executive Director Washima Huq of the Texas Trust Gives Foundation, the nonprofit arm of Texas Trust Credit Union, has received the Rising Star award from the Greater Arlington Chamber’s Women’s Alliance. -
PrimeWay FCU eliminates overdraft protection fees
PrimeWay Federal Credit Union is eliminating all overdraft protection fees and lowering non-sufficient funds (NSF) fees to $15. The change goes into effect on June 1. This is the next step in better money management.
Upcoming Events
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Bankruptcy Seminar
OnlineJoin industry experts Tom Sharp and Sharon Sjostrom for this in-depth, 2-hour webinar designed to equip credit unions with the knowledge and strategies needed to confidently navigate consumer bankruptcies. -
Branch Manager Bootcamp: Summer Session 3
OnlineThis enhanced four-part series will focus on the next generation of branch managers. -
Consumer Lending Bootcamp: Session Two
OnlineThis comprehensive workshop is designed for credit union professionals looking to deepen their understanding of consumer lending. It covers the fundamentals of the lending process, effective marketing strategies for consumer loans, decision-making criteria, and practical application through case studies. -
Branch Manager Bootcamp: Summer Session 2
OnlineThis enhanced four-part series will focus on the next generation of branch managers. -
Consumer Lending Bootcamp: Session One
OnlineThis comprehensive workshop is designed for credit union professionals looking to deepen their understanding of consumer lending. It covers the fundamentals of the lending process, effective marketing strategies for consumer loans, decision-making criteria, and practical application through case studies.