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.