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Waters introduces landmark FOM bill for underserved communities
Yesterday, House Financial Services Committee Chair Rep. Maxine Waters (D-Calif.) introduced the landmark Expanding Financial Access for Underserved Communities Act, which is supported by CUNA, Cornerstone League, and other leagues.
Is your overdraft program free from bias?
Incorporating consumer data and innovative technologies, such as artificial intelligence (AI) or machine learning, into service delivery strategies has become more commonplace amid the pandemic as consumer service expectations change and fintech competition increases.
Arlington Women’s Alliance names Washima Huq a Rising Star
Executive Director Washima Huq of the Texas Trust Gives Foundation, the nonprofit arm of Texas Trust Credit Union, has received the Rising Star award from the Greater Arlington Chamber’s Women’s Alliance.
PrimeWay FCU eliminates overdraft protection fees
PrimeWay Federal Credit Union is eliminating all overdraft protection fees and lowering non-sufficient funds (NSF) fees to $15. The change goes into effect on June 1. This is the next step in better money management.
New CEO at Cherokee Strip Credit Union
Cherokee Strip Credit Union has named Spike Henderson as its new president and chief executive officer, effective March 2, 2022, as outgoing CEO Johnny O’Hare moves to Florida to care for family.
Credit Union Leaders Gather for an Exciting Week at CUNA GAC
As credit unions map out their recovery from the pandemic, they’re looking to their peers for clues on economic health and what the regulatory environment will look like in the months ahead.
Worldwide Foundation Launches Campaign to Support Ukraine’s Credit Unions
Worldwide Foundation for Credit Unions (WFCU) launched a new fundraising effort in support of Ukrainian credit unions impacted by the current military conflict in the Eastern European nation.
Deadline to register for the Ambassador Program March 15 session approaching
The Oklahoma Legislature is now in session! Get in on the action and register for the March 15 session of the Oklahoma Ambassador Program, where you’ll learn about the inner workings of Oklahoma political affairs.
Cornerstone Resources Executive Search VP Discusses Hiring Top Talent in The Cornerstone League Podcast
In our latest episode of The Cornerstone League Podcast, Cornerstone Resources Executive Search and Professional Recruiting Vice President Marcus Cotton talks about what credit union leaders can do to attract top talent to their credit unions, what candidates are looking for in a role, and the benefits of raw talent.
Geopolitical Events Increase the Likelihood of Imminent Cyberattacks on Financial Institutions
The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) has recently issued two alerts addressing risks from Russian State-Sponsored cyber threats and highlighted recent malicious cyber incidents suffered by public and private entities in Ukraine.
CDFI Applications Consolidate Under One Process
National Credit Union Administration issued a notice on Feb. 24 to note that the streamlined application process for Community Development Financial Institution certification is being phased out.
NCUA to Distribute $569M Under Corporate System Resolution Program
NCUA announced this week that it will distribute $569 million to corporate credit unions that were liquidated in 2010.
CO-OP Financial Services is Now Co-op Solutions
CO-OP Financial Services, the payments CUSO based in Rancho Cucamonga, Calif., has rebranded to become Co-op Solutions.
Texas Trust Celebrates Six Graduates from Cornerstone Leadership Academy
Six Texas Trust Credit Union employees advanced their learning and industry knowledge through the Cornerstone Leadership Academy.
Texas CU Merges with Texas Trust
The merger of Texas Credit Union (formerly known as Texas Federal Credit Union) and Texas Trust Credit Union is complete.
FivePoint Credit Union Named a Best-in-Class Employer
FivePoint Credit Union scored in the top quartile of midsize employers who participated in Gallagher’s 2021 Benefits Strategy & Benchmarking Survey.
Current geopolitical events increase likelihood of imminent cyberattacks on financial institutions
The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) has recently issued two alerts addressing risks from Russian State-Sponsored cyber threats and highlighting recent malicious cyber incidents suffered by public and private entities in Ukraine.
You still have time! Apply for a Foundation grant by Feb. 25
Don’t miss your opportunity to apply for a Cornerstone Foundation grant in 2022. While Financial Capability grant requests are accepted year-round, the grants deadline for Credit Union Development and Chapter grants is Friday, Feb. 25.
Hone your political engagement skills with expert Nate Webb
There’s never been a better opportunity to learn first-hand about political engagement and advocacy than the 4-5 hours you’ll spend in the Oklahoma Credit Union Association’s new Ambassador Program.
YPs, Submit nominations for Professional of the Year award
Young professionals in the Cornerstone region are encouraged to apply for the League’s Young Professional of the Year award.
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