ALEXANDRIA, Va.-NCUA chartered Cornerstone National Insurance Federal Credit Union at the end of last month, the first credit union chartered in the state in more than 14 years. Cornerstone National Insurance FCU was chartered on Sept. 26 to serve the employees of Cornerstone Management Partners, Inc., its wholly-owned subsidiaries and insurance agents under contract with Cornerstone Management Partners, Inc. “The credit union will be positioned to provide its employees, agents and their families with greater access to affordable financial services, especially in the rural areas where most of them are located,” NCUA Chairman Dennis Dollar said. “There is a real need for access to financial services in many rural areas of America and we are pleased to see new credit unions coming on line to help meet that need.” The credit union’s sponsor is providing low-cost office space, staff support, and a substantial grant to offset start-up costs from its sponsor. Rolla Federal Credit Union, located in Rolla, Mo., will mentor the fledgling credit union through its initial years of operation.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.