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November 2017
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Oklahoma State Legislature Reaches Budget Deal
Monday, November 20, 2017 7:00 AM

After 51 days of a contentious Special Session, the Oklahoma State Legislature came to an agreement Friday to fill a $215 million budget shortfall.

Telco Plus CU Selects CU Resources to Conduct President/CEO Search
Monday, November 20, 2017 6:55 AM

Credit Union Resources has been selected to conduct a search for the position of president/CEO for Telco Plus Credit Union in Longview, Texas.

CFPB Heeds CU Recommendations for Payday Alternative Loan Program
Monday, November 20, 2017 6:50 AM

The Consumer Financial Protection Bureau published its final short-term, small-dollar loan rule in the Federal Register Friday, with an effective date of Jan. 16. The CFPB appears to have listened to our concerns and incorporated changes to the final rule that provide some relief for credit unions, says Cornerstone Credit Union League's SVP Regulatory Compliance Suzanne Yashewski.

CUNA Economic Update Predicts Climbing Interest Rate in December
Monday, November 20, 2017 6:45 AM

CUNA's November 2017 Economic Update highlights impressive credit union financial and operating metrics and a strong consumer sector but also explores potential ramifications of coming changes including the potential for sharply increased stock market volatility and faster-than-previously-expected rate increases. 

A Refresher on Accounting for Investments
Monday, November 20, 2017 6:35 AM

I have been receiving a lot of questions on investment accounting lately, so I thought it would be appropriate for a refresher. Keep in mind that Current Expected Credit Losses (CECL) will be changing how we account for investments as well as Allowance for Loan Losses. Thankfully that doesn’t take effect until 2021.

Register Today for Cornerstone Road Shows in Edinburg and Texarkana
Monday, November 20, 2017 6:25 AM

Free Overview/Compliance Training for Cornerstone-Area Credit Unions. The Cornerstone Road Show is coming to your area soon. This is your opportunity to gain a comprehensive understanding of the many services and benefits your League offers.