ADVOCACY
Your fierce and focused advocate, representing your interests in Washington and Richmond.
COMPLIANCE
Thought leadership and resources to help you stay one step ahead of the regulators.
EDUCATION
Training and professional development to make you more productive, more promotable and more invested in your credit union’s success.
NEWS
Timely, relevant news, insights and information to help better navigate today’s ever-changing financial services marketplace.
SOLUTIONS
Your first stop to save money and time on the products and services that matter to your members and your success.
News
- Regulatory Compliance Weekly Roundup: Sept. 1, 2023
September 1, 2023Let's take a look at some of the highlights of the week in regulatory compliance, including NCUA Chairman Todd Harper's latest call for third-party examination authority for the NCUA, actions by CFPB and an IRS memo on federal credit unions' eligibility to claim the Employee Retention Credit.
- CURRENT Newsletter | September 1, 2023
September 1, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: NoVA Legislative Reception; Reg Compliance Weekly Roundup; ERC Eligibility for FCUs; League Compliance Roundtable; GROWTH Conference; and the upcoming EMERGE Seminar.
- IRS Weighs In on FCU Eligibility for the ERC
August 31, 2023In the last couple years, many credit unions have been exploring whether they were eligible to claim the Employee Retention Credit (ERC) that was part of the CARES Act. This law made credits available for eligible employers whose operations were fully or partially suspended due to orders from the government. Credit unions, auditors, and third party vendors began parsing through the limitations and restrictions of the legislation and guidance.
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