Inside Cornerstone
Headlines
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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. -
Three Charities Receive Funds from Endurance FCU Golf Tourney
Endurance Federal Credit Union in Duncan, Okla., awarded three local charities with funds that were raised at the 12th Annual Charity Golf Tournament. -
True Sky Credit Union Partners with Church to Expand into Eastside
New Bethel Baptist Church and True Sky Credit Union have partnered to build a self-service branch at N.E. 23rd Street and Missouri Avenue in Eastside Oklahoma City, where a groundbreaking was held on June 22. -
In This Week’s Leaguer
In this week’s Leaguer, Texas Gov. Greg Abbott announces a special session beginning July 8 but hasn’t yet revealed the agenda items that lawmakers will meet to debate. Stay tuned.
Upcoming Events
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Advocacy Update - Kansas - May
OnlineCredit union advocacy leaders in Kansas are invited to hear the latest policy and political news. -
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.