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NCUA Issues Regulatory Alert on Sex Discrimination per Regulation B
The National Credit Union Administration issued a regulatory alert (21-RA-07)) regarding the Consumer Finance Protection Bureau’s interpretive rule clarifying that the prohibition against sex discrimination in the Equal Credit Opportunity Act (ECOA)...
CO-OP Board Elects BECU’s Porter as Chairperson
Benson Porter, president/CEO of BECU, based in Tukwila, Wash., is now chairperson of CO-OP Financial Services. Porter was elected during the May 20 board of directors meeting, following CO-OP’s 40th annual shareholders meeting.
Houston Chapter of Credit Unions Raises $57,000 for Children’s Charities
After skipping a year due to the pandemic, the Houston Chapter of Credit Unions resumed its annual golf event on May 4 to raise money for their Children’s Charities Fund.
Connie Wall Named EVP/CAO of Tinker FCU
Oklahoma City-based Tinker Federal Credit Union has named Connie Wall as executive vice president and chief administration officer.
In This Week’s Leaguer
In this week’s Leaguer, we’re pleased to highlight the news that Oklahoma’s state-chartered credit unions will pay less in “privilege” taxes, beginning Jan. 1, 2022.
Oklahoma Credit Unions to Benefit from Tax Cut
Starting in 2022, Oklahoma’s state-chartered credit unions will benefit from a significant reduction in the so-called privilege tax they’re required to pay.
SCMS Alumni Association Donates $10,000 to Scholarship Fund
The Southwest CUNA Management School Alumni Association has donated $10,000 to the SCMS Scholarship Fund, which is strictly for students eligible to apply for scholarship assistance each year they are in SCMS school.
We Need Your Help: Annual Compensation Survey
This is a gentle reminder for our credit union family that if you have not yet completed your Compensation Survey for 2021, please take a few minutes to complete it now.
Cornerstone Foundation Collaborates with Sammy Rabbit to Teach Early-Age Financial Literacy
Cornerstone Foundation and Sammy Rabbit have announced their collaboration to bring early-age financial literacy education resources and programs to kids, families, schools, and communities via credit unions.
Cornerstone CU Leaders Take Part in CUNA’s Democratic Frontline
On Tuesday, Cornerstone-region credit union leaders participated in Credit Union National Association’s Democratic Frontline event featuring Speaker of the House Nancy Pelosi and House Financial Services Committee Chairwoman Maxine Waters.
Pinnacle Awards Presented to Top-Achieving Credit Unions
At the Marketing and Business Development Conference held May 21, the MBD Council honored the 2021 Pinnacle Award winners.
Nominations Open Now for CUNA National Awards
It’s time to nominate your credit union for the 2021 Credit Union National Association community service awards.
World Council Launches ‘Global Credit Union Podcast’
World Council of Credit Unions recently launched a new monthly podcast that will provide the international credit union community with an in-depth look at some of their interesting and important stories, particularly in international advocacy, international projects, education and networking, and digital transformation.
Texas Trust Awards Employee $5,000 for Embodying CU Values
Xondra Berry, member solutions advocate for Arlington-based Texas Trust Credit Union, received $5,000 when she was named the inaugural Texas Trust People Stories grand prize winner.
First Community CU Opens 17th Location for Shared Branching Access
On May 15, First Community Credit Union in Houston celebrated the grand opening of its 17th location in Morton Ranch, 2811 W. Grand Parkway North in Katy.
Endurance FCU Promotes Stuckey and Golleher
Endurance Federal Credit Union of Duncan, Okla., announced the promotions of Scott Stuckey to vice president of accounting and Larri Golleher to assistant vice president of operations.
Texas Senate Passes SB 707 to grant TCUD 12 More Years
The House of Representatives passed the sunset bill that continues the Credit Union Department for another 12 years. This is the final hurdle for the bill before moving to Gov. Greg Abbott’s desk for signature.
In This Week’s Leaguer
Yesterday was a great day for Texas credit unions. The House of Representatives passed the sunset bill that continues the Credit Union Department for another 12 years.
Larry Shropshire Elected to Cornerstone Board
Cornerstone League welcomes Communication Federal Credit Union President/CEO Larry Shropshire to the League’s board of directors.
A Cornerstone Donor Advised Fund Is a Great Alternative to Starting a Private/Public Foundation
Have you ever wondered about starting your own credit union foundation but got stopped in your tracks because even the idea felt daunting?
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