Advocate Blog
Join the conversation about the latest laws, regulations and political issues having an impact on Virginia's credit unions.
- Applications to 'Crash the GAC' Open through Dec. 2
December 1, 2022Filene Research Institute, the Cooperative Trust, and CUNA announced Crash the GAC is bringing back its 14th cohort to Washington D.C. Applications for Crash the GAC are now open and the deadline to apply is Friday, Dec. 2.
- CFPB Guidance, Enforcement Hang in the Balance of US Supreme Court Appeal
November 30, 2022Financial institutions across the country are carefully monitoring the Consumer Financial Protection Bureau's appeal to the U.S. Supreme Court as the fate of the agency's funding, guidance and enforcement actions hang in the balance.
- NAFCU Compliance Blog: Fall 2022 Supervisory Highlights Part I: Auto Servicing, Consumer Reporting, Credit Card Account Management, and Debt Collection
November 30, 2022The CFPB recently released its biannual Supervisory Highlights, which provides an overview of certain financial regulatory trends. The CFPB issues the Supervisory Highlights to provide insight on various compliance pitfalls and examination trends.
- League Statement on the Passing of Rep. Donald McEachin
November 29, 2022The Virginia Credit Union League today issued the following statement on the passing of Rep. Donald McEachin. "We are saddened to hear of the passing of Rep. Don McEachin, a respected voice and dedicated champion for the Richmond area and south Central Virginia. Our thoughts and prayers go out to his family, friends and colleagues."
- League’s Advocacy Work Hits High Gear as We Ready for New Congress, General Assembly
November 29, 2022Your League is gearing up for a busy few weeks on the political front at both the state and federal levels.
- League, CUs Ready to Work with Congressional Delegation as Coming Session Brings Republican-Led House, Democrat-Controlled Senate
November 17, 2022Major news outlets are reporting that Republicans have won control of the House of Representatives, meaning credit unions will be working with and lobbying a Democrat-controlled Senate and a Republican-led House.
- NCUA Chairman Harper Testifies on State of the Credit Union Industry at Senate Hearing
November 15, 2022NCUA Chairman Todd M. Harper, along with other financial regulatory agency principals, testified today at a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
- NAFCU Calls Attention to CU Priorities Ahead of Hearing with NCUA’s Harper
November 15, 2022The Senate Banking Committee today will hold an oversight hearing with federal financial regulators’ leaders, including NCUA Chairman Todd Harper. Ahead of the hearing, NAFCU sent a letter detailing legislative priorities for credit unions to ensure they can effectively serve their members and operate in a fair regulatory environment.
- How Credit Unions Can Use Data to Reach the Underserved
November 14, 2022Credit unions competing for market share in underserved communities against large banks and challenger financial institutions need to harness deeper data sets to better understand the needs of potential members.
- CUNA Releases Post-Election Analysis, Resources
November 14, 2022CUNA’s election site, CUNA.org/elections, has been newly updated with CUNA’s post-election analysis, including a list of current results, and ads in support of candidates.