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NCUA: Credit Unions See Continued Share and Deposit Growth in Third Quarter
According to the latest financial performance data released on Monday by the National Credit Union Administration, federally insured credit unions saw shares and deposits increase by $219.9 billion, or 14.4%, to $1.75 trillion over the year ending in the third quarter of 2021.
CO-OP Launches Industry-First Machine Learning Fraud Scoring Model Built for Credit Unions
CO-OP Financial Services has added a new tool to its expanding suite of COOPER-branded machine learning fraud detection and prevention solutions.
Houston Texas Fire Fighters FCU Board Announces New CEO
The Houston Texas Fire Fighters Federal Credit Union Board of Directors has announced the appointment of Pamela McIver as the credit union’s new chief executive officer. McIver replaces Steve Gilman, who is retiring in December after serving six years as president/CEO.
Education CU Donates $149K in Pocket Change Grants to Area Schools
For twelve years in a row, Education Credit Union has successfully awarded Pocket Change Grants to teachers in area schools.
Texas Trust CU Donates $10,000 to Toys for Tots
Celebrating a decade of giving to Toys for Tots via the Mansfield ISD annual toy drive, Texas Trust Credit Union donated $10,000 to this year’s campaign.
Greater Texas CU Gives $10,000 to Help the Homeless in Austin
As part of Greater Texas Credit Union’s dedication of its new headquarters, the credit union has donated $10,000 to Mobile Loaves & Fishes and the Austin chapter of the Salvation Army. Each charity will receive $5,000 to support their homeless programs.
In This Week’s Leaguer
Welcome to this week’s Leaguer where we are ramping up to year-end with great news from Cornerstone League and our member credit unions.
Cornerstone League Announces SVP of Strategic Development
Cornerstone League has named Amy Fuller as senior vice president of strategic development, effective Dec. 6, 2021.
Registration Now Open for IMPACT 2022: Cornerstone Annual Meeting and Council Forum
You have a choice every day to IMPACT the lives of others. When you invest in your professional growth, you can’t help but IMPACT your credit union, your credit union members, and the credit union movement.
CFPB Research Shows Banks’ Deep Dependence on Overdraft Fees
Banks continue to rely heavily on overdraft and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019, according to research released yesterday by the Consumer Financial Protection Bureau.
Credit Union Demand for Analytics Strategy Skyrockets in 2021
In 2021, AdvantEdge Digital grew its analytics consulting client portfolio 55% year-over-year and currently services 43 credit union engagements.
True Sky Open Brings in $50,000 for CMN
The True Sky Open, presented by Fiserv, was held at the Lincoln Park Golf Course West in Oklahoma City and raised $50,000 for the Children’s Miracle Network.
Texas Trust Credit Union Honors School Teachers and Support Staff
Texas Trust Credit Union is honoring 38 school employees in nine North Texas school districts as Trusted Heroes.
Resource One CU Receives 2021 Best in DFW Award
The Dallas Morning News has recognized Resource One Credit Union with a 2021 Best in DFW People’s Choice award, an honor conferred upon local businesses that are nominated and voted on by the people residing in the North Texas area.
Education First FCU Employees Give Back This Holiday Season
Education First Federal Credit Union employees make a big impact on Giving Tuesday just by wearing jeans.
Shell FCU Named Top Workplace for 11th Consecutive Year
Shell Federal Credit Union has received the honor of being named a Houston Chronicle Top Workplace for 11 consecutive years.
In This Week's Leaguer
Heads up! Cornerstone League will not produce a Leaguer next week, due to office closure and observance of the Thanksgiving holidays. We will resume the Leaguer on Dec. 2.
New Episode on The Cornerstone League Podcast: Crypto for Credit Unions
In Episode 3 of The Cornerstone League Podcast, Cornerstone League Associate Regulatory and Compliance Counsel Nathan Behncke outlines the basics of cryptocurrency, blockchain technology, and decentralized finance.
Janine ‘Momma J’ McBee Celebrates 40 Years with Cornerstone
Cornerstone League recently marked the 40-year anniversary of employee Janine McBee, better known to her students as “Momma J.”
SCMS Alumni Raises $2,500 in Honor of ‘Momma J’
In honor of Janine “Momma J” McBee's 40th year with Cornerstone League, the SCMS Alumni Association created the Momma J Scholarship Fundraiser Challenge to donate $40 for 40 years throughout November to the Cornerstone Foundation.
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