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InfoSight Highlight: Compliance Calendar
May 25, 2018

In InfoSight, the annual Compliance Calendar is kept updated with regulatory changes, and a portion is included weekly within this newsletter.  Included with the calendar for the current and prior year is a list of Other Important Reminders and Information as well as the Federal Reserve Regulatory Calendar.

Pending Regulatory Comment Calls
May 25, 2018

The following table shows pending regulatory proposals quickly coming to deadline. Cornerstone and Credit Union National Association will be submitting comments. Credit unions are encouraged to use PowerComment to file comment letters with regulators.

Texas Sunset Advisory Commission Hearing Discusses CU Regulator
May 25, 2018

The independent regulator of credit unions came up throughout the hearing on the Finance Commission sunset report yesterday, May 24, when the Texas Sunset Commission met to take testimony on the staff recommendations.

Time is Running Out! Apply Now to Be a CEO Crasher at the 2018 Young Professionals Conference
May 25, 2018

For this year's Young Professionals Conference in Houston, Aug. 2–3, Cornerstone is again inviting CEOs to join the fun in a Reverse Crash. But don't delay your application, as the May 31 deadline approaches, and you don't want to miss out on this truly unique experience.

In Memoriam: Cornerstone Hall of Famer Jim Williams
May 25, 2018

Influential credit union figure James R. Williams, also known as Jimmy Ray, passed away on May 19. He was 83 years old. A memorial and celebration of Williams' life will be held Saturday, May 26, from 1 to 2 p.m. at Cook-Walden Capital Parks Funeral Home, 14501 North IH-35, Pflugerville, Texas 78660.

NCUA Set to Appeal FOM Rule
May 25, 2018

The National Credit Union Administration will appeal a federal judge’s ruling that voided parts of the agency’s new field-of-membership rule. The rule had been challenged by the American Bankers Association, who argued the rule violated federal law governing credit union membership.

President Signs S. 2155 into Law
May 25, 2018

Yesterday President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law, officially enacting legislation that provides regulatory relief for America’s credit unions. 

House Appropriations Subcommittee Approves Bill with Reg. Relief
May 25, 2018

The House Appropriations Financial Services and General Government Subcommittee approved the House FSGG Appropriations Act for fiscal year 2019 by a voice vote Thursday. An in-depth look at the bill and its credit union-friendly provisions can be found on CUNA’s Removing Barriers Blog.

Beat the Holiday Rush with the Right Credit Solutions for the Right Members
May 25, 2018

Plan now to get your credit card in your members’ hands before Black Friday, and get them swiping during the busiest shopping season. Register today for a June 14 webinar that will teach you how to send a prequalified offer to creditworthy members or potential members and customize your card offering based on credit score or payment habits.

Cornerstone, CUNA File Third Brief in Support of CU’s Motion to Dismiss ADA Website Lawsuit
May 24, 2018

Yesterday, Cornerstone Credit Union League and Credit Union National Association filed another amicus brief supporting a motion to dismiss the frivolous Americans with Disabilities Act (ADA) website lawsuit. This time, the suit was filed against KBR Heritage Federal Credit Union in the Southern District of Texas, Houston Division.

Arkansas Preferential Primary Results
May 24, 2018

The Arkansas Preferential Primary Election was May 22. The Secretary of State's office noted that of 1,746,568 registered voters, 315,092 ballots were cast, which is only 18 percent of registered voters. Only 7 percent took advantage of early voting.

Date Event Location
6/6/2018 - 6/8/2018 Volunteers Forum Memphis, TN
6/12/2018 CEO Roundtable Plano, TX
6/13/2018 - 6/14/2018 Bankruptcy & Collections Seminars Dallas, TX
6/13/2018 Webinar: Top Ten Common Missteps with Preparing and Filing Your Call Report Online
6/14/2018 Coastal Bend Chapter Lunch Meeting Corpus Christi, TX
6/19/2018 - 6/20/2018 ALM Workshops Plano, TX
6/19/2018 - 6/21/2018 Hike the Hill Washington, D.C.
6/21/2018 El Paso Chapter Meeting El Paso, TX
6/27/2018 HR Roundtable Houston, TX
7/1/2018 Coastal Bend Chapter Baseball Game Corpus Christi, TX
7/8/2018 - 7/18/2018 SCMS Fort Worth, TX
7/18/2018 BSA and OFAC Training Teleconference