Advocate Blog
Join the conversation about the latest laws, regulations and political issues having an impact on Virginia's credit unions.
- League Continues Outreach to Federal Lawmakers on Interchange, Overdraft & More
August 22, 2022Your League today continued its push to reach every member of Virginia's Congressional delegation to discuss the long list of credit unions' federal legislative priorities. In meetings today with the offices of Sen. Tim Kaine and Rep. Gerry Connolly (D-11), we covered a range of issues and legislation, including interchange, overdraft protection programs, and third-party examination authority for the National Credit Union Administration.
- CUs Host Roanoke Valley, Lynchburg Lawmakers at Aug. 17 Reception
August 18, 2022Sixty credit union supporters from across the Roanoke Valley and Lynchburg joined us in Roanoke Aug. 17 for a legislative reception that drew eight lawmakers.
- League Staff Attend Event for State Sen. Mamie Locke; Speak with Rep. Bobby Scott
August 16, 2022Virginia Credit Union League staffers J.T. Blau and CeJae Vtipilson had a great time with state Sen. Mamie Locke (D-2nd) at her Southern Luau in Newport News last weekend. We were also fortunate to speak with U.S. Rep. Bobby Scott (D-03), who was in attendance.
- In Comment Letter to NCUA, League Notes Regulatory Relief Needed Well Beyond Simply Rules on the Books
August 16, 2022Your League today filed a comment letter with the National Credit Union Administration as part of the agency's annual review of one-third of its regulations. This year’s review covers parts 700 to 710.
- CUs, League Meet with Congressman Cline
August 10, 2022Yesterday, representatives from five credit unions and your League traveled to Staunton to meet with Rep. Ben Cline (R-6).
- League Urges CUs, Members to Contact Lawmakers on Interchange Bill
August 8, 2022Your League is calling on credit unions to voice their concerns with the Credit Card Competition Act, which was introduced by Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS). The legislation poses a serious threat to sensitive financial data for millions of consumers by allowing the nation’s largest retailers to bypass established secure payment networks.
- League Amps Up Advocacy Initiatives on Interchange
August 8, 2022Your League is working to combat a bill in Congress that would alter the current interchange system.
- League Opposes Senate Bill S.4698, The Improving Cybersecurity of Credit Unions Act
August 5, 2022Your League is strongly opposed to a proposed Senate bill which would grant the NCUA examination authority over CUSOs and third-party vendors and is advocating against its advancement.
- State Corporation Commission Denies Addition of Virginia Medical Society to Virginia Credit Union’s Field-of-Membership
August 3, 2022In a disappointing decision with potential national implications for field-of-membership expansions, the Virginia State Corporation Commission has denied authorization for Virginia Credit Union to add a group of state medical professionals to its field-of-membership.
- League's Carrie Hunt Featured on Financial Minds Podcast
July 27, 2022Calling all Virginia credit unions … this one is for you! Vizo Financial is continuing the Credit Union Leagues series in its Financial Minds podcast this week by chatting with Carrie Hunt, president/CEO of the Virginia Credit Union League