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In This Week’s Leaguer
Check out the great articles in this week’s Leaguer where we highlight the latest on crypto, auto financing, member business lending caps, CDLRF grants, and people stepping up and getting noticed. It’s all here for you.
Cryptocurrency’s ‘Access’ Issue and How CUs Can Help
Cryptocurrency has captivated our attention here at Cornerstone, and that of many of our members as well.
Many Auto Dealers in Texas Refuse to Accept Outside Financing
Car loans are one of the primary business lines for credit unions in Texas.
House Bill Would Lift Loan Term Limits
Credit Union National Association on Tuesday urged passage of a bipartisan bill filed in the House which once again attempts to raise loan term limits and exclude more loans from the member business lending cap.
NCUA Awards Grants to Assist Low-Income Credit Unions
The National Credit Union Administration awarded $1.5 million in Community Development Revolving Loan Fund grants to help 105 low-income credit unions expand outreach to underserved communities and improve digital services and security.
Fort Worth City CU Merges with All Saints Catholic FCU
All Saints Catholic Federal Credit Union has merged into Fort Worth City Credit Union, effective Sept. 1, 2021.
WEOKIE FCU Drastically Reduces Overdraft Service Charges
WEOKIE Federal Credit Union is the first financial institution in Oklahoma to announce a decrease of their members’ overdraft and non-sufficient funds service charges by almost 50%.
Resource One CU Gives Back to Community in Celebration of 85th Anniversary
To celebrate Resource One Credit Union’s 85th anniversary, the Dallas-based credit union called for help giving back to their communities.
Houston Chapter Volleyball Tournament Raises Funds for Children’s Charities
The Houston Chapter of Credit Unions continues to raise funds for children’s charities.
City FCU Opens Soncy Branch in Amarillo
Amarillo-based City Federal Credit Union is celebrating the opening of its Soncy branch (8100 South Soncy), which will act as the gateway to Western Amarillo in the subdivision of Heritage Hills.
Tinker FCU Announces New CEO Dave Willis
Tinker Federal Credit Union has announced that Dave Willis is its new president and CEO, effective Sept. 1, 2021. Willis assumes the help after Mike Kloiber retired in August.
Tinker FCU Names Krista Basinger SVP of Lending
Tinker Federal Credit Union has named Krista Basinger senior vice president of lending.
Education CU Announces Promotions and New Hire
Education Credit Union in Amarillo has promoted four team members and hired a new SVP of lending.
Kevin Lockingen Promoted to SVP – Finance with Greater Texas CU
Kevin Lockingen was recently promoted to Senior Vice President – Finance with Austin-based Greater Texas Credit Union.
FivePoint CU Promotes Lissette McCartney to Assistant Branch Manager
FivePoint Credit Union President and CEO Erik M. Shaw has announced that Lissette McCartney has been promoted to assistant branch manager in Beaumont, Texas.
In This Week’s Leaguer
This week’s Leaguer features insightful articles that delve into the world of credit union advocacy, regional news, and other industry events on our radar.
ELEVATE: CU Leadership Summit Adds Live-Streaming Option
Great news for credit union leaders and staff! ELEVATE: Credit Union Leadership Summit, which takes place Sept. 8–10, will now offer live streaming of the four general sessions.
More Q&A for Texas CUs That Want to Prohibit Guns in Their Establishments
In a previous InfoSight article, Cornerstone League Regulatory and Compliance Counsel Suzanne Yashewski provided questions and answers to credit unions in Texas about the new laws regarding guns and the signs for prohibiting guns in their establishments.
SCMS: A ‘True Asset’ for Communication Federal Credit Union
If you are looking for a credit union that can vouch for the value of sending future leaders to Cornerstone League’s Southwest CUNA Management School, you won’t find a bigger believer in the program than Communication Federal Credit Union of Oklahoma City.
CUNA Joins Others in Supporting Bill to Change CFPB Leadership Structure
In mid-August, CUNA joined 28 organizations in writing a letter to strongly support a bill to eliminate the current, single-director operational structure of the Consumer Financial Protection Bureau.
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