PLANO, Texas–The Cornerstone Foundation, the philanthropic arm of the Cornerstone Credit Union League, has launched Friends of the Foundation, a new initiative it said it aimed at helping “ensure the sustainability of the credit union movement and expand eligible credit unions’ field of membership.”
According to Cornerstone Foundation Executive Director Courtney Moranm by adding the Cornerstone Foundation as an affiliate association to the credit unions’ field of membership, all “Friends of the Foundation” will then be eligible to join the credit union.
Anyone Can Join
Any individual can become a friend of the Foundation by applying on the Cornerstone website or through their credit union. A credit union can participate by signing up with Cornerstone Foundation. The annual membership fee for each Friend of the Foundation is $15.
The Foundation noted that multiple-common-bond, federally chartered credit unions can submit a request to NCUA to add the Foundation as an affiliate association to their charter. State charters may also submit a request to their respective regulators to add the Foundation their FOM, depending on the state laws.
The Cornerstone CU League represents CUs in Texas, Oklahoma, Arkansas, Missouri and Kansas.
Additional Benefits
The Foundation noted membership also offers CUs access to free, one-on-one financial counseling, debt management services, and financial education resources through the Foundation’s partnership with BALANCE.
Are You Being Gouged for Bank-Like Subscription Fees for Old News? Here’s a CU-Like Way to Fix That
The biggest, best and freshest news reporting in credit unions remains free! Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more. So stop paying those bank-fee-like subscription prices from other so-called “news”” publications!
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?