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NCUA publishes IRR guidance
The National Credit Union Administration issued a Supervisory Letter to update the agency’s interest rate risk supervisory framework.
WEOKIE FCU gives stimulus checks to employees to combat inflation
WEOKIE Federal Credit Union in Oklahoma City handed out $600 stimulus checks to its 214 employees this summer for a total of $128,400.
Space City CU directors honored with lifetime scholarships that carry their names
Five long-time directors of Space City Credit Union were honored recently with lifetime scholarship awards.
Education CU launches foundation to enhance community outreach
Amarillo-based Education Credit Union has launched the Education Credit Union Foundation, whose mission is to promote public trust in philanthropy as well as academic, financial, and cultural learning.
Tinker FCU names Kevin Jamison executive director of the TFCU Foundation
Tinker Federal Credit Union has named Kevin Jamison as the executive director of the TFCU Foundation.
Winners of Crash Hike the Hill announced
Cornerstone League is pleased to announce this year’s winners of Crash Hike the Hill.
Tinker FCU names Steven Scarver VP manager of data analytics and intelligence
Tinker Federal Credit Union has named Steven Scarver as its vice president, manager of data analytics and intelligence.
Red River Employees FCU partners with Cornerstone Foundation to open Donor Advised Fund
Red River Employees Federal Credit Union of Texarkana, Texas, has partnered with the Cornerstone Foundation to establish a Donor Advised Fund. The nonprofit foundation will be named RRCU Gives.
‘Best Credit Unions to Work For’ 2022
Seventy credit unions, including six Cornerstone League members, have made this year's Best Credit Unions to Work For list from American Banker.
CUNA: Rumored Regulation E, EFTA expansion from CFPB is ‘unwise, unlawful’
The Consumer Financial Protection Bureau’s rumored plan to expand Regulation E and the Electronic Fund Transfer Act is unlawful, would contravene the bill’s text, and would run afoul of the Administrative Procedures Act, CUNA wrote to the CFPB Tuesday.
Supporting financial inclusion in the fintech space
What percentage of venture capital (VC) funding goes to Black, Latinx, and female entrepreneurs? If you guessed somewhere near each group’s share of the population, that would be roughly 13% for Blacks, 19% for Latinx, and 51% for women (as per the 2020 US Census).
Resource One CU adds risk management team
Resource One Credit Union has added a Risk Management Department, which will work to enhance safety for external and internal factors that could create risks for the credit union and its 65,000 members.
Unity One CU names three new Fort Worth branch managers
Unity One Credit Union has announced the promotions of Lauren Barretero, Priscilla Garcia, and Sandra Williams to branch managers at locations throughout Fort Worth.
City of El Paso announces Raiz FCU as title sponsor for Chalk the Block
The City of El Paso Museums and Cultural Affairs Department has announced that Raiz Federal Credit Union is the title sponsor of their 2022 Chalk the Block Festival, which takes place Oct. 7–9 in the Downtown Arts District.
Cornerstone announces community service award winners
Hearty congratulations go out to the Cornerstone-member credit unions who have won regionally for this year’s CUNA community service awards.
Liberty County Teachers FCU makes impact with Foundation grant
Liberty County Teachers Federal Credit Union recently obtained a development grant from the Cornerstone Foundation to offer new digital banking services that would enable the credit union to serve virtually and remotely.
What should you do when P2P transactions complicate Reg. E disputes?
In our summer edition of Perspectives magazine, Cornerstone League’s Nathan Behncke, associate regulatory compliance counsel, looks at what happens when a Regulation E dispute arises from peer-to-peer apps.
CUNA announces registration is open for 2023 GAC
Registration is open for the credit union industry’s premier advocacy event—the CUNA Governmental Affairs Conference. The in-person even returns to the Walter E. Washington Convention Center in Washington, D.C., Feb. 26 to March 2, 2023.
Co-op Solutions sponsors 2022 Presidents Cup golf tourney, donating benefits to CMN Hospitals
Co-op Solutions has announced that it is a sponsor of the prestigious 2022 Presidents Cup golf tournament and is donating its allotment of tickets for credit union leaders and all benefits of sponsorship for fundraising on behalf of Children’s Miracle Network Hospitals.
TDECU helps finance new Sweeny Community Hospital
TDECU has reached a $28 million dollar financing deal with the Sweeny Community Hospital District for the construction of a new hospital. A formal groundbreaking ceremony will be held on Aug. 31.
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