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FivePoint CU Promotes Staci Croak to AVP of Branch Operations
FivePoint Credit Union CEO Erik M. Shaw has announced the promotion of Staci R. Croak to assistant vice president of branch operations in Nederland, Texas.
TTCU’s Project School Supplies Celebrates 20 Years
TTCU Federal Credit Union’s Project School Supplies is celebrating 20 years of helping local students have the tools they need to succeed in school.
In This Week’s Leaguer
Wonderful things are happening among credit unions nationally and in the Cornerstone region. Check out the great articles in this week’s Leaguer.
Cornerstone Members and Cornerstone Resources VP Named to AACUC Texas Regional Chapter Executive Committee
The African-American Credit Union Coalition has announced the establishment of a Texas Regional Chapter to spread the message of diversity, equity, and inclusion to the 425 credit unions based in Texas, including 225 low-income designation credit unions and 18 community development financial institution credit unions.
CUs Should Confer with MSPs on Kaseya Software Vulnerability
The Cybersecurity and Infrastructure Security Agency and the Federal Bureau of Investigation continue to respond to the recent supply-chain ransomware attack that has leveraged a vulnerability in the Kaseya VSA software against multiple managed service providers and their customers.
See Credit Union Member Stories at Advancing Communities
Earlier in the year, Credit Union National Association launched Advancing Communities, a Member Activation Program, MAP, campaign designed to educate credit union members about the credit union difference and collect their stories.
CO-OP Analysis of Amazon Prime Day: Debit Cards Are Online Shoppers’ Favorite Payment Vehicle
Following a year of exponential growth in e-commerce, it’s no surprise Amazon’s annual Prime Day shopping holiday exceeded expectations. Total sales surpassed $11 billion, an all-time high for the massive e-commerce event, according to Adobe.
Education CU Matches Kids’ ‘Fake’ Money with Real Money for Local Charities
In May, Amarillo-based Education Credit Union delivered checks to Brenda Brookhart, first-grade teacher at Emerson Elementary School.
Tinker FCU Names Burdick AVP/Branch Manager of Enid and Vance AFB Locations
Tinker Federal Credit Union has named Laura Burdick assistant vice president and branch manager of the Enid and Vance Air Force Base branches.
WEOKIE FCU Hosts Donation Match and Clothing Drive to Benefit Sunbeam Family Services
Through July 31, Oklahoma City-based WEOKIE Federal Credit Union will match financial donations made to Sunbeam Family Services dollar for dollar, up to $2,500.
In This Week’s Leaguer
On Tuesday this week, Oklahoma Credit Union Association, Cornerstone’s political arm, offered a virtual wrap-up of the 58th Oklahoma State Legislature. If you didn’t have an opportunity to attend, we’ve got your brief look at what transpired.
Oklahoma Credit Union Association Wraps Up Legislative Session
On Tuesday, Oklahoma credit union leaders received a virtual wrap-up for the 1st Session of the 58th Oklahoma State Legislature, facilitated by Oklahoma Credit Union Association Executive Director Nate Webb.
Cornerstone Foundation Partners with BALANCE to Help Consumers Achieve Their Financial Goals
Cornerstone Foundation is pleased to announce its partnership with BALANCE, a national nonprofit that provides financial coaching, workshops, and webinars to help consumers achieve their financial goals through debt reduction, credit score improvement, budgeting, and homeownership.
Cornerstone CEO Interviewed by American Museum of Credit Unions
The American Museum of Credit Unions just posted a new video for their series, Moments in Credit Union History.
NCUA to Distribute $865.5M Under Corporate System Resolution Program
The National Credit Union Administration, in its role as liquidating agent, announced on Monday an $865.5 million distribution to the 1,800 membership capital accountholders of the former Members United, Southwest Corporate, and U.S. Central corporate credit unions.
Biden Appoints Sandra Thompson as Acting FHFA Director
On June 23, President Joe Biden designated Sandra L. Thompson as acting director of the Federal Housing Finance Agency. The appointment came hours after Biden ousted the agency’s previous director, Mark Calabria.
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.
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