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October 2017
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InfoSight Highlight: Other Real Estate Owned (OREO)
Friday, October 20, 2017 6:55 AM

According to the NCUA Examiner’s Guide, federal credit unions should account for and value foreclosed assets acquired by the credit union as OREO as follows.

Pending Regulatory Comment Calls
Friday, October 20, 2017 6:50 AM

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. 

Who Knows More About Your Credit Union Members?
Friday, October 20, 2017 6:45 AM

Credit unions collect a mass amount of information about their members and have the insights to guide them through their financial journeys, but according to a recent survey by financial services software company Segmint, apparently 59% of those members feel retail websites such as Netflix, Zappos and Amazon know them better than their credit union.

Wisconsin Credit Union Receives Juntos Avanzamos Designation
Friday, October 20, 2017 6:40 AM

Congratulations to Marine Credit Union for receiving their JuntosAvanzamos designation -- the first in Wisconsin! Business, community and CU industry leaders joined Marine members and staff for a Juntos Avanzamos Flag Raising Ceremony yesterday at Antigua Latin Inspired Restaurant in West Allis, owned by Citlali Mendieta-Ramos, who worked with Marine last year to purchase her home.

CO-OP Financial Services Announces Mobile Banking 3.0, Featuring Advanced Biometric Security and Other Upgrades
Friday, October 20, 2017 6:35 AM

CO-OP Financial Services is announcing Mobile Banking 3.0, bringing powerful new features to the company’s advanced mobile banking product line.

Complimentary Webinar: BSA Training for Frontline Staff
Friday, October 20, 2017 6:30 AM

CEOs and credit union management and frontline staff will want to take part in the upcoming webinar, BSA Training for Frontline Staff. Hosted by the Small Credit Union Committee, this webinar is offered at no charge to Cornerstone League-affiliated credit unions under $50 million in assets.