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Gamblin and Stolp Named 2021 Credit Union Rock Stars
Two Cornerstone-member credit union leaders have been named as 2021 Credit Union Rock Stars by the editorial team of Credit Union Magazine.
Cornerstone Announces Community Service Award Winners
Cornerstone League extends hearty congratulations to winners from across the region for CUNA’s Desjardins Adult Financial Education Award, Desjardins Youth Financial Education Award, and Dora Maxwell Social Responsibility Community Service Award.
Registration Open for Cornerstone’s Hike at Home, Oct. 18–22
We hope you’re planning on joining us for this year’s virtual Hike at Home on Oct. 18–22, and we’re pleased to announce that registration is now open.
Consumers Less Protected with USPS Financial Services
Credit Union National Association sent a letter to the U.S. House and Senate Tuesday regarding the United States Postal Service’s Banking Pilot program. Cornerstone League has been watching this issue for several years and shares CUNA’s view that the USPS should not engage in financial services.
Application Period for Cornerstone Foundation Grants Open Now
Every year, the Cornerstone Foundation provides grants to eligible credit unions, chapters, and individuals.As you plan your budget for 2022, remember that the Foundation can help with many of your financial needs via a Credit Union Development Grant—including some needs you might not have considered.
NCUA Extends Comment Period for Digital Assets RFI to Oct. 27
The National Credit Union Administration board unanimously approved an extension of the comment period for the Digital Asset Request for Information from Sept. 27 until Oct. 27, 2021.
CO-OP Caps Busy Summer by Unveiling 2022 Product Roadmap
In the past month, CO-OP Financial Services made available to its more than 3,000 credit union clients its 2020 Annual Report, which can be read online and downloaded as a PDF.
GWLN to Hold 2021 Virtual Executive Readiness Summit
The year 2021 is about resilience, inclusive leadership, bias and the brain, elevating impact together, everyday strategic thinking, accelerating technology, and adapting to a post-pandemic world. The Global Women’s Leadership Network is holding its 2021 Virtual Executive Readiness Summit, Oct. 27–29.
Texas Federal Credit Union to Merge with Texas Trust
Texas Federal Credit Union of Dallas intends to merge with Arlington-based Texas Trust Credit Union. The merger plans have been approved by the National Credit Union Administration, the Texas Credit Union Department, and the members of Texas Federal Credit Union.
Texas Trust Credit Union CFO to Retire
David Pickney, chief financial officer of Arlington-based Texas Trust Credit Union, plans to retire this year, bringing an end to his distinguished career at the credit union.
Red River CU Hosts Jeans Drive for Local Schools
When it comes to charity events, you can’t go wrong if jeans are involved. Just ask Melanie Palmer, branch manager of the Red River Credit Union in Paris, Texas.
American Airlines FCU Awards 2021 Scholarships to 11 Students
For more than a decade, Fort Worth-based American Airlines Federal Credit Union has been proud to invest in the futures of its young member-owners by providing scholarship awards toward higher education. This year, out of hundreds of initial applicants, the credit union awarded 11 scholarships of $4,000 each to six high school students and five college students.
Lending and Collections Council Seeks Members and Volunteers
The Cornerstone League’s Lending and Collections Council is seeking members to serve on its executive committee. This volunteer position will help plan and provide training opportunities, webinars, roundtables, conferences, and award programs that bring the council members together throughout the year.
How to Add Leverage to Your Strategic Giving Program
In a survey by Markstein/Certus Insights, 70% of U.S. consumers said they expect companies they do business with to support social and environment issues.*
How Does Your Overdraft Strategy Impact Members?
Lately, there has been much criticism about overdraft programs, stemming from the lack of transparency inherent in some program strategies. Much of the current disapproval expressed by critics in the political and consumer advocacy arenas results from a lack of fairness and transparency. When it comes to providing right-on-time services that help your members effectively maintain their finances, an easy-to-use, easy-to-understand approach is always the right way to do business.
Cybersecurity Dominates New Perspectives Magazine
As October is Cybersecurity Awareness Month, Cornerstone League is pleased to present the latest edition of Perspectives magazine with a focus on the cybersecurity concerns of credit unions.
After 49 Years Serving Arkansas Superior FCU, Dwayne Ashcraft to Retire
Cornerstone extends hearty congratulations to Dwayne Ashcraft who, after 49 years in the credit union industry, will retire as president and CEO of Arkansas Superior Federal Credit Union, effective at the end of January 2022.
Deadline for Cornerstone Crypto Survey Extended to Oct. 1
We greatly need your help to complete our brief cryptocurrency survey. Will you take just a moment to help?
Energy Capital CU Appoints Kanika Boutté as New CEO
Houston-based Energy Capital Credit Union has announced that Kanika Boutté has been named chief executive officer. She will succeed Linda Pearsall and assume responsibilities on Jan. 1, 2022.
1st University CU Promotes Long-Time Employee Ethel Jennings
Ethel Jennings has been with 1st University Credit Union for 25 years, having started in the accounting department in 1996. Last week, Jennings was promoted to executive vice president of accounting and operations.
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