Latest News
-
CFPB releases updates to mortgage servicing exam procedures
Jan 27, 2023The Consumer Financial Protection Bureau is releasing updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how we do our work. -
CFPB supervisory examinations find credit reporting failures, junk fees, and mishandling of COVID-19 protections
Dec 1, 2022The Consumer Financial Protection Bureau released a new Supervisory Highlights report on legal violations identified during the CFPB’s supervisory examinations in the first half of 2022. -
NCUA board proposes rule on member expulsion
Sep 29, 2022The National Credit Union Administration Board held its first in-person open board meeting since the COVID-19 pandemic began, and its eighth open meeting of 2022, which included a live webcast, and unanimously approved two items...
Regulatory
FAQs & Guidance
- NEW - Cornerstone League: Vaccine Mandate FAQs
- Oklahoma State Banking Department: FAQ for Financial Institutions Affected by COVID-19
- Texas Credit Union Department: Home Equity Lending Guidance
- U.S. Small Business Administration: How to Calculate Maximum Loan Amounts for the Paycheck Protection Program
- Cornerstone League: Central Liquidity Facility: Enhanced Access for Credit Unions
- Cornerstone League: Guidance on Lending during COVID-19
- National Credit Union Administration: COVID-19, NCUA and CU Operations FAQ
- U.S. Department of Labor: Paid Leave FAQs
- U.S. Small Business Administration: Paycheck Protection Program Loan FAQs
- Federal Financial Institutions Examination Council: Business Continuity Guidance
- Consumer Financial Protection Bureau: Consumer Reporting FAQs Related to CARES Act and COVID-19 Pandemic
- Consumer Financial Protection Bureau: Equal Credit Opportunity Act and Regulation B FAQs related to the COVID-19 Emergency
Required Materials
- U.S. Department of Labor’s Wage and Hour Division: Paid Leave Notice (Poster)
Regulatory Agency Resources
- National Credit Union Administration: Information for Federally Insured CUs
- Texas Supreme Court: Enforcement of Court-ordered Collections, CARES Act Payments Protected
- Texas Credit Union Department
- Federal Reserve: Coronavirus Resources
- Financial Crimes Enforcement Network: Coronavirus Updates
- Office of the Comptroller of the Currency: COVID-19 Information
Tools & Samples
Support
- Pandemic Response Strategy for Financial Well-being - Cornerstone Foundation
- SBA Lending Poll Results - Cornerstone member CUs
- Call Information Central at 512-853-8515 or 800-442-5762, ext. 8515 to get answers to your compliance questions.
- Contact Cornerstone Support to get assistance with non-compliance issues.
- InfoSight Pandemic Preparedness Compliance Assistance (League members only)
- Disaster Assistance Partnering Resource - connecting credit unions in need of a disaster recovery site with those credit unions offering assistance.
- Disaster Recovery Site Location Resource - view a list of credit union core processors and locations on the CU Statistics & Reports page (League members only)
Public Relations
- Video: Thank You for Your Essential Service - Cornerstone League
- Pandemic Poll Results - How Is Your CU Making a Difference? - Cornerstone member CUs
Samples
- NEW: Sample Healthy and Safety Policy for Dallas County credit unions
- Example Essential Business Letter for CU Employees
- Amplify CU Example Pandemic Plan - Thank you to our friends at Amplify CU for sharing their excellent COVID-19 plan document so that other credit unions might benefit.
Health & Government
Advocacy
Financial Services Sector
Industry Resources
- WOCCU: Coronavirus (COVID-19) Updates
- CUNA Mutual Group: Coronavirus Update and Letter from Sales Executive to CUNA Mutual Bond Policyholders on 03/19/20
- Catalyst Corporate FCU: COVID-19 Updates & News
- CU Solutions Group: COVID-19 Resources
- OneDigital: Coronavirus Advisory Hub
- JMFA: COVID-19 Information & Resources
- Filene: COVID-19 Resources Hub