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Texas Congressman Henry Cuellar to Co-Sponsor the Community Financial Institution Exemption Act
February 05, 2016

HR 3048, by Congressman Roger Williams (R-Texas, District 25), would reduce the Consumer Financial Protection Bureau rules on credit unions. The bill now has another co-sponsor from the Cornerstone states. Congressman Henry Cuellar (D-Texas, District 28) has added his support to the proposed legislation, bringing the total number of co-sponsors to 19.  

Participating in Financial Fitness Day? Cornerstone CU Foundation Wants to Know
February 05, 2016

National Financial Literacy Month kicks-off April 6, and credit unions have the opportunity to participate in a Financial Fitness Day fundraiser. Financial education is a critical focus of many credit unions’ outreach efforts in order to improve the financial well-being of their members and community. We hope your organization will hold a fundraiser such as a casual day on April 6 to support these activities across the country.

Nominations Now Being Accepted for Pro of the Year, Small CU Achiever, and Hall of Fame Awards
February 05, 2016

Cornerstone Credit Union League is now accepting nominations for the Credit Union Professional of the Year, Small Credit Union Achiever of the Year, and Hall of Fame awards. Entries are due by Friday, February 12, 2016. 

Only 3 Days Left! Submit Your FOM Letters Now to NCUA
February 05, 2016

The comment period closes on Feb. 8 regarding proposed modernizations of the National Credit Union Administration's field-of-membership (FOM) regulations, which set the rules determining who credit unions can have as members. Cornerstone Credit Union League and the Credit Union National Association strongly support the proposed improvements, along with the NCUA’s efforts to streamline the agency’s FOM processes. 

CUs Poised to Maintain Strong Growth in 2016
February 05, 2016

According to the 2016 CUNA Economic and CU Forecast, credit union loan balances will climb 9 percent this year, while membership growth will jump 3 percent, and savings balances will jump 6 percent after rising 6.2 percent in 2015.

Fed Updates Developments in Payments Strategy
February 05, 2016

The Federal Reserve Tuesday issued a progress report on its efforts to enhance the speed, efficiency and security of the U.S. payments system. The report comes one year after the Fed issued its Strategies for Improving the U.S. Payment System.

Diebold Completes Sale of North America Electronic Security Business to Securitas
February 05, 2016

Diebold, Incorporated (NYSE: DBD) has announced it has completed the previously disclosed agreement to sell its North America-based electronic security business to Securitas AB. Securitas agreed to acquire the business from Diebold for a purchase price of approximately $350 million, 10 percent of which is contingent on the successful transfer of certain customer relationships to Securitas.

Attend Feb. 10 HR Roundtable in Nederland or Midland/Odessa
February 05, 2016

The Cornerstone Credit Union League HR Council is sponsoring various HR Roundtables across the Cornerstone region. These roundtables are an excellent way to network with your credit union peers in the HR profession and to share best practices. Your next opportunity is in Nederland, Texas, or Midland/Odessa, both on Feb. 10. 

Daniel Pink
See Bestselling Author and Biz Expert Daniel Pink at CUNA GAC
February 05, 2016

You still have time to register for the upcoming CUNA GAC, the premier event of the credit union movement. We want to be sure we head off the bankers lobby, which will descend on Washington, DC, a few weeks after our GAC. It's critical that credit union leaders take advantage of every opportunity to visit with lawmakers during the CUNA GAC. 

CFPB Offers March 1 Webinar for TRID Questions
February 05, 2016

The Consumer Financial Protection Bureau will conduct a webinar to address specific mortgage and construction lending questions on March 1. Hosted by the Federal Reserve, the webinar will deal with answers to the bureau’s Truth in Lending Act-Real Estate Settlement Procedures integrated disclosures (TRID).

Gary Tuma Retires After 26 Years as Smart Financial CU's CEO
Gary Tuma Retires After 26 Years as Smart Financial CU's CEO
February 04, 2016

After 26 years of serving as Smart Financial Credit Union’s chief executive officer, Gary Tuma has retired effective Dec. 31, 2015. Smart Financial appointed previous chief lending officer Larry Seidl as Tuma’s successor effective Jan. 1, 2016.

Date Event Location
2/8/2016 Coastal Bend Chapter of Credit Unions Corpus Christi, TX
2/9/2016 - 2/10/2016 IRA Seminars Houston, TX
2/9/2016 Central Texas Chapter Meeting Waco, TX
2/10/2016 HR Roundtable Nederland, TX
2/11/2016 Compliance Review Seminar Houston, TX
2/12/2016 Foundation FOCUS Train the Trainer Dallas, TX
2/13/2016 Amarillo Area Chapter of Credit Unions Hereford, Tx
2/16/2016 Dallas Chapter Meeting Dallas, TX
2/16/2016 Green County Chapter of Credit Unions Meeting Tulsa, OK
2/16/2016 Permian Chapter Meeting Odessa, TX
2/16/2016 Alamo Chapter Meeting San Antonio, Tx
2/17/2016 Central Arkansas Chapter Meeting