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U.S. House passes MBL/FOM bill
Yesterday, the U.S. House passed H.R. 2543, the Expanding Financial Access for Underserved Communities Act, as part of a larger financial services bill.
Kolhoff to resign; Minge appointed chair of Credit Union Commission
Texas Credit Union Department Commissioner John Kolhoff has announced his resignation, effective July 15, 2022. The Credit Union Commission will promptly begin a search for his replacement.
Texas Credit Union Commission Meeting Results
On June 10, the Texas Credit Union Commission met at the Texas Credit Union Department building in Austin. The following is a summary of the meeting.
CU task force to integrate Co-op digital payments apps into Constellation mobile banking platform
Co-op Solutions and Constellation Digital Partners announced Tuesday that the two credit union service organizations have formed a task force of mutual clients to expedite integration of Co-op digital apps into Constellation’s online and mobile banking platform.
NCUA releases Q1 2022 state-level credit union data report
Federally insured credit unions experienced growth in assets, shares and deposits, and loans outstanding over the year ending in the first quarter of 2022, according to the latest Quarterly U.S. Map Review released Tuesday by the National Credit Union Administration.
Energy Capital CU partners with Cornerstone Foundation to open Donor Advised Fund
Energy Capital Credit Union has partnered with the Cornerstone Foundation to establish a Donor Advised Fund, a nonprofit foundation to be named the ECCU Cares Foundation.
Oklahoma City CUs host GWLN event featuring Lena Giakoumopoulos
More than 100 attendees from eight Oklahoma City credit unions welcomed Lena Giankopoulis from the World Council of Credit Unions at a Global Women’s Leadership Network event hosted by True Sky Federal Credit Union.
Michael Massey named president of TDECU Holdings
TDECU’s board of directors has elected Michael Massey as president of TDECU Holdings.
Education First FCU awards $38,000 to SE Texas high school seniors
Education First Federal Credit Union has awarded $38,000 in college scholarships to a class of 2022 high school seniors in Southeast Texas.
Cornerstone publishes 2021 Impact Report
Cornerstone is pleased to present our 2021 League Impact Report, which tells a comprehensive story about how the Cornerstone League has shown up for its members and the community throughout the year.
OKCUA Executive Director Nate Webb to retire June 30
After eight years as the executive director of Oklahoma Credit Union Association and more than two decades in Oklahoma politics, Nate Webb has announced his retirement, effective June 30.
Cornerstone welcomes new member Pampa Teachers FCU
Cornerstone League is pleased to welcome Pampa Teachers Federal Credit Union as a new member. Led by CEO Jeanette Longoria, this $15 million credit union is based in Pampa, Texas.
Governance, succession planning, and sustainability headline latest Perspectives
Succession planning is vital to building your bench of superstars who can ensure smart growth to guide your credit union successfully into the future.
Reminder: 2022 CDRLF grant round closes June 24
Low-income credit unions that want to apply for Community Development Revolving Loan Fund grants in 2022 have until June 24 to submit their applications.
Co-op research finds CUs can challenge fintechs with daily member interaction via payments
In 2021, consumers asked for digital engagement. In 2022, fintechs are making it happen. This provoking reality is just one of several uncovered by a joint research project commissioned by Co-op Solutions in partnership with EY (formerly Ernst & Young) and Filene Research Institute.
Rebecca White joins Texas Trust as vice president of HR
Strengthening and expanding the Texas Trust workforce is the mission of Rebecca White, the credit union’s new vice president of human resources.
Cornerstone Innovation Group launches pilot to explore models and solutions to meet credit union challenges
The Cornerstone Innovation, Collaboration and Engagement (ICE) Committee is appointed to explore collaborative models and develop scalable innovative solutions to meet challenges of credit unions, their members, and communities.
Help us help you! Please complete the 2022 Compensation Survey
Recently, the CEOs of Cornerstone-member credit unions received an invitation to participate in the 2022 Compensation Survey. The survey results will be provided to members free of charge as a dues-supported benefit.
Celebrate Credit Unions Care Day on June 10
As we celebrate Credit Unions Care Day on June 10*, this is a great time to recognize former Cornerstone League EVP/CFO/CAO Karen Hart and her passion for Cornerstone and the credit union movement.
Cornerstone Foundation shares appreciation for donations to Annual Giving Campaign
The Cornerstone Foundation is sharing its appreciation for those who contributed during its Annual Giving Campaign, a unique opportunity to support the region’s credit unions.
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