In This Week’s Leaguer

Posted: Sep 8, 2021 | Author: Cornerstone League

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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.

As cryptocurrency creeps into the mainstream, it’s important to have basic knowledge of digital assets and how credit unions can use them to serve their members. Check out this informative piece to learn more.

An increasing number of auto dealers in Texas refuse to accept outside financing from a credit union or bank. Has that happened to you? Cornerstone encourages credit unions experiencing this problem to file a complaint with the OCCC.

CUNA urged passage of a bipartisan bill in the House to raise loan term limits and exclude more loans from the member business lending cap. We’ll be watching this one closely.

NCUA awarded $1.5 million in CDRLF grants to help 105 low-income credit unions expand outreach to underserved communities and improve digital services and security.

Big news in credit unions regionally with a merger, along with credit unions doing what they do best: helping people.

All Saints Catholic FCU merges into Fort Worth City CU, effective Sept. 1, 2021.
WEOKIE FCU decreases overdraft and non-sufficient funds service charges by almost 50%.
Celebrating its 85th anniversary, Resource One CU gives to two charities in the community to help people in great need.
Houston Chapter of CUs raises over $7,000 for children’s charities.
City FCU celebrates the opening of its Soncy branch as a gateway to Western Amarillo.In the land of credit unions, the best and brightest minds are on the move.
Tinker FCU announces its new president/CEO Dave Willis, after Mike Kloiber’s retirement, and names a new SVP of lending.
Education CU promotes four team members and hires a new SVP of lending.
Greater Texas CU promotes a new SVP of finance.
FivePoint CU promotes a new assistant branch manager.