April 2015 Chapter Report

Don't Forget to File the 990-N Tax Form

Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. This form must be filed electronically (there is no paper form) by going to the website listed below and following the instructions.

The e-Postcard is due every year by the 15th day of the 5th month after the close of your tax year (May15th for calendar year end organizations). Instructions for filing the e-Postcard can be found on the IRS websiteFailure to file Form 990-N for three consecutive years will cause your chapter to lose its tax-exempt status.

Since this form is filed annually, you should use the name and address of a current officer when completing the form each year.

For more information, go to the Chapter Taxes page through the Cornerstone League website.


Don't Miss the 2015 Hike the Hill

The 2015 Hike the Hill event will this year combine a regulatory hike with a legislative hike in Washington, DC, June 22-24. Please mark your calendars, and join your colleagues for this essential advocacy event.

Note:  this is a date change for our initial announcement.

There is no fee for this event. Room reservations may be made at the Renaissance Mayflower Hotel at the rate of $239 plus tax. More details to come.

Here's the preliminary agenda:

Tuesday, June 22

  • Welcome reception

Wednesday, June 23

  • Regulatory and legislative briefing
  • Regulatory meetings with various agencies, including CFPB, NCUA, and others

Thursday, June 24

  • Capitol Hill visits

Keep your eye on the Leaguer for more details. In the meantime, gather your essential advocacy staff and begin planning your trip now.

If you have questions about this event, contact Gretchen Ziegler at (469) 385-6484 or gziegler@cornerstoneleague.coop.

Fundraising for Children's Miracle Network

Are you sponsoring a fundraising function for Children’s Miracle Network Hospitals? Do you want promotional materials with the CMNH logo attached?

Go to miraclemall.childrensmiraclenetworkhospitals.org for a wide selection of materials such as banners, canisters, golf balls, balloons, pins, pads, and shirts.

Upcoming Children’s Miracle Network events:

For participating telethon stations or other CMNH information, contact Rick Grady at (469) 385-6485 or rgrady@cornerstoneleague.coop.


Cornerstone Credit Union FoundationApril is National Financial Literacy Month

Free Financial Education Webinars
The Foundation, in partnership with the CCCS of Greater Dallas, will continue presenting monthly live and free webinars covering a wide array of topics, as well as an additional 50 webinars during the month of April to celebrate Financial Literacy Month. Webinars are open to credit unions, community partners, educators, etc. As part of the partnership, CCCS will also customize a webinar for your credit union, including your logo on all slides. You choose the topic and make it exclusive to your members.

Financial Fitness Day
The Foundation, in partnership with the National Credit Union Foundation, presents "Financial Fitness Day," a fundraising and awareness campaign taking place April 1, 2015. Americans spend months getting their physical health into shape as part of their New Year's resolutions. Kicking off National Financial Literacy Month, Financial Fitness Day is dedicated to helping members get their financial health in shape.

It's easy to participate. Just hold one (or more) of the following at your credit union organization on Financial Fitness Day:

  • Jeans or Casual Day for staff
  • Bake sale for staff and/or members
  • Deduct or Donate a Buck: Ask staff and/or members to consider a voluntary contribution of $1 or more, in cash as they complete their transaction and/or deducting from their checking or saving account as often as they choose.

Please feel free to celebrate any day in April, if this specific date does not work for your credit union's schedule.

By participating, you'll be raising funds for the Cornerstone CU Foundation and National CU Foundation in support of their critical financial education initiatives, as well as raising awareness of credit unions' financial education activities and the importance of financial education.

For more information and a variety of downloadable resources, including how you can get involved, visit www.financialfitnessday.com.

For information on financial education happenings around the Cornerstone Region in April, please visit www.cscuf.coop.


2015 Residential Real Estate Compliance & Mortgage Lending Seminars

April 21–22, 2015
Houston, Texas

May 12–13, 2015
Little Rock, Arkansas
Rescheduled from February 24–25

More Information & Registration

Day One Topics

  • Completing the application, action taken, and monitoring
  • Processing checklist and duties, homeownership counseling, changed circumstances,
  • APR, tolerances, finance charges, preliminary disclosures (GFE & TIL)
  • Loan estimate overview (effective Aug. 1, 2015)
  • Ability to repay and qualified mortgages, Appendix Q
  • HPMLs, HPCTs and high-cost/HOEPA escrows and appraisals

Day Two Topics

  • Ability to repay and qualified mortgages, Appendix Q
  • HPMLs, HPCTs, and high-cost/HOEPA escrows and appraisals
  • Appraisals and evaluation procedures, flood requirements
  • Closing disclosure overview (effective Aug. 1, 2015)
  • APR, tolerances, finance charges, violations, and cures
  • Modifications, extensions, renewals vs. refinancing
  • Right of rescission troubleshooting
  • Detailed clarifications—integrated disclosures
  • LE and CD effective Aug. 1, 2015) – RESPA/TILA

2015 CU Business Lending Bootcamp – NEW!

April 2830, 2015
Dallas, Texas
More Information & Registration

Sponsored by Member Business Services Council

Is your credit union interested in offering business lending, and you're looking for a comprehensive overview of the process? Are you introducing new team members to business lending and need a jumpstart orientation? Or could you use a refresher with best practices from a leading expert in the field of business lending? This program is for you!

You won't want to miss this loaded, high-impact program!   

2015 IRA Seminars

May 1213, 2015
Dallas, Texas
Earlybird deadline: April 28
More Information & Registration

Day One – Seminar Highlights

  • Traditional IRA eligibility and deductibility requirements
  • Roth IRA eligibility and qualified distributions rules
  • SEPs and SIMPLES
  • How to move IRA money: rollovers and transfers
  • How to move money from company retirement plans
  • What happens if there is too much money put in an IRA
  • What happens when the customer takes money out at 59-1/2, 70-1/2, and death
  • Do IRAs have penalties? Who collects the penalty?
  • How does the IRS know the money is going in and out of an IRA
  • What paperwork needs to be completed to open and close an IRA
  • Coverdell Education Savings Accounts

Day Two – Seminar Highlights

  • Quick product review and update
  • Qualified retirement plan rollovers and common errors
  • Conversions, re-characterizations, revocations, and reconversions
  • Excess contributions
  • Compliance issues: how to audit your IRAs
  • Reporting to the IRS: A to Z
  • How to correct reporting to the IRS
  • 70-1/2 distributions, death distributions
  • Withholding
  • Common IRA errors and solutions
  • Prohibited transactions
  • Health Savings Accounts

Other 2015 IRA Seminar Dates

Oklahoma City, Oct. 67
Earlybird deadline: Sept. 22

Little Rock, Nov. 1718
Earlybird deadline: Nov. 3

2015 Bankruptcy & Collections Seminars

May 20–21, 2015
Little Rock, Arkansas
Earlybird deadline: May 5
More Information & Registration

Bankruptcy Seminars


  • Auto liens
  • Bankruptcy fraud
  • Reaffirmation Agreements
  • Proofs of claims
  • Bankruptcy essentials
  • Current & emerging problems in bankruptcy courts
  • Automatic stay issues
  • Payroll deductions
  • Credit reporting

Collections Seminars
Debt Collection Act Compliance & Collections Training


  • Collections training
  • Debt Collection Practices Act
  • Compliance issues in the collection department
  • Collection policies and procedures
  • Practical advice regarding effective telephone techniques and strategies

Other 2015 Bankruptcy & Collections Seminar Dates

Oklahoma City – Aug. 18–19
Earlybird deadline: July 28

Houston – Nov. 4–5
Earlybird deadline: Oct. 14

Spring Orientation

April 14–15, 2015
Dallas, Texas
More Information & Registration

The Cornerstone Credit Union League is hosting its popular Spring Orientation at its headquarters in Famers Branch. While the program is free, registration is required.

Orientation is offered twice a year and offers a comprehensive overview of the products, services, and resources available through Cornerstone, the Cornerstone Credit Union Foundation, and Credit Union Resources. The Orientation is open to credit union staff or volunteers on every level whether teller, CEO, board member, or chairman of the board.

A full agenda for the Spring Orientation is available online, as is online registration.

If you have questions, please call Training and Events at (800) 442-5762, ext. 6630, (469) 385-6630, or email training@cornerstoneleague.coop.

Principles & Philosophy Conference

May 13–15, 2015
Dallas, Texas
More Information & Registration

Course Objectives

  • Understand the history and role of credit unions in the marketplace
  • See how the value of cooperative philosophies applies in the day-to-day operations of your credit union
  • Gain insight on the historical and current social impact of credit unions
  • Understand why credit unions are different and how to leverage that for growth
  • Create a plan of action for your credit union  

Southwest Lending Conference

Southwest Lending ConferenceMay 18–20, 2015
Southlake, Texas
More Information & Registration

"Performance Driven Lending" is the focus for next year's conference, which will be held in the Dallas/Fort Worth area. 

The credit union landscape is changing at a rapid pace. This annual conference is a great way for you and your credit union to ensure a spot on the leading edge of trends, hot topics, and regulatory issues within the industry. Learn from experts in the field who will assist you in developing new ideas and strategies to maximize loan growth.

This event is also a great opportunity to network with your peers and gain new ideas that are working at credit unions similar to yours. Make plans now to attend the conference and rev up your lending skills.

Compliance & Audit Conference

Compliance & Audit ConferenceJune 8–10, 2015
Oklahoma City, OK
More Information & Registration

Move in the Right Direction

Let us point you in the right direction—into the hottest credit union compliance topics, including data breaches, remote deposit capture, cyber security, employee fraud, and much more at the 2015 Compliance & Audit Conference in Oklahoma City, Oklahoma. Presented by industry-leading experts, you'll get the latest on what's hot now and what's coming up in credit union regulatory compliance.


  • Networking with compliance and audit professionals from credit unions in Arkansas, Oklahoma, and Texas
  • Best practices
  • Compliance updates
  • Collaboration and training   

2015 HR Conference

HR ConferenceJune 8–10, 2015
Oklahoma City, Oklahoma
More Information & Registration

Move in the Right Direction

Let us point you in the right direction! Back again for 2015. Two tracks will be offered for HR Professionals. One track geared towards the HR generalist in developing and maintaining those skills necessary to manage effective human resource functions. The other, an executive track, will include thought-provoking sessions designed to challenge the senior-level HR professional.


  • Networking with HR professionals from credits unions in Arkansas, Oklahoma, and Texas
  • Best practices
  • HR updates
  • Collaboration and training

Volunteers Forum — Get on Target!

Volunteers ForumJune 10–12, 2015
Oklahoma City, Oklahoma
More Information & Registration


  • Networking with volunteers from credits unions in Arkansas, Oklahoma and Texas
  • Best Practices
  • Future Trends
  • Collaboration & Training

Certificates of Attendance/Completion for Financial Literacy, BSA Training and Supervisory Committee for federal credit unions*   

Small Credit Union Conference

Small Credit Union ConferenceJuly 11, 2015
Dallas, Texas

More Information & Registration

Registration is OPEN for the First Annual Small Credit Union Conference. This is the perfect opportunity for small credit unions in the Cornerstone region to come together for high-energy education and walk away with required trainings.

Training highlights:

  • Robbery and hostage training
  • BSA/OFAC training
  • Financial literacy
  • 2015/2016 NCUA exam highlights
  • Office of Small Credit Union Initiatives grants and services
  • Cornerstone Credit Union Foundation grants

The Small Credit Union Conference is designed to meet the needs of staff, directors, and volunteers of the credit union. All attendees will be provided with a certificate of attendance.

If you have any questions, please call Lorri Gaither (800) 442-5762, ext. 6423, or email lgaither@cornerstoneleague.coop

The Small Credit Union Conference is made possible from a Community Investment Fund grant. We would like to thank the Cornerstone Credit Union Foundation for their strong support of small credit union training events. 

YP (Get Stuff Done) Conference – NEW

GSD - YP ConferenceAugust 2021, 2015
Galveston, Texas

More Information & Registration

Walk This Way

General Session Highlight.
At Your Best: How to Elevate Your Image and Inspire Others with Your Attitude and Actions with Crystal Jonas

Crystal JonasYou’ve chosen deeply meaningful work. Credit unions are, after all, the embodiment of financial democracy. You have a golden opportunity to make a positive, lasting difference in the lives of others.

This program is valuable because it shows you exactly how to raise your self-awareness so you can have a more clear idea about how you are perceived by others. It also gives you clear guidance on how you can self-manage so, no matter what the challenges, you can be who you are, at your best.

This participant-centered, highly interactive program will give you just what you need to elevate your attitude and actions and make sure you’re consistently being professional and personable. In bringing your best to work, and being resilient you can more positively influence your co-workers and more profoundly serve your members.


Expecting Good Fortune!

Expecting Good Fortune!Planning creates winning performance!

Don't lower your expectations to meet your performance. Raise your level of performance to meet your expectations. Expect the best in yourself, and then do what is necessary to make it a reality.

-Ralph Marston

The recipe for prize winning performance:


Allow us to facilitate your next Strategic Planning Session.

Our promise to you is simple... provide your credit union the most beneficial experience possible. We guarantee your complete satisfaction, or you don't pay for our service. No risk, all reward!

Make your plans today! Visit us online.

Howard Bufe
800-442-5762 ext. 6820

Karen Houston-Johnson, CCUE, SCMS
800-442-5762 ext. 6626

Dean Borland, SCMS, CUDE
800-442-5762 ext. 6627

Employee just not the right fit?Employee Just Not the Right Fit?

Too bad you don't have a crystal ball to predict a candidate's future.

No one likes unpleasant surprises. Make sure you have the right people on the bus.

ProfileXT™ is an interview tool that will give you insight into a candidates' strengths and measures how well they will fit a specific job. It is a great way to help you find the best-matched person for your particular job.

For more information, contact:

Kimberly Jones
HR Consultant
800-442-5762, Ext. 6432

Susan Looney, SPHR
Sr. Vice President
800-442-5762, Ext. 6431

Are You at Risk of the Domino Effect?

Don't leave your success to chanceDevelop an Adequate Succession Plan

Your Board and CEO are critical to your credit union's success.

Preserve your tradition of excellence!

Plan the future NOW with confidence and ease to ensure that:

  • You always have a plan in place in the event of a sudden or planned departure from the credit union or board.
  • You keep senior leaders engaged by providing planned developmental opportunities, and
  • Ensure the Board and CEO are on the "same page" in terms of succession.


The online tool that makes Board and CEO succession planning easy!

Howard Bufe
800-442-5762 ext. 6820

Karen Houston-Johnson, CCUE, SCMS
800-442-5762 ext. 6626

Dean Borland, SCMS, CUDE
800-442-5762 ext. 6627