Home News CURRENT Newsletter | January 23, 2024

CURRENT Newsletter | January 23, 2024

1/23/2024

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It's Do or Die for Our CU Legislation: Email Your Lawmakers Today!

Credit unions: We desperately need your help as we work to push our public deposits bill over the finish line! Please ask your staff, co-workers and officials to email lawmakers today in support of HB 1205. To date, we’ve generated 216 messages to lawmakers. We need significantly more support if lawmakers are going to consider this a top-of-mind concern for constituents.

With the simple input of a home address, credit union champions can email their lawmakers in a few simple clicks.

Email your lawmakers today

League Outlines Service Additions, Enhancements for Small CUs

Small credit unions: Please be on the lookout for an email from League President/CEO Carrie Hunt, which outlines several service additions and enhancements your League is offering in 2024. “Credit unions’ success is our sole mission, and I appreciated small credit unions’ input and feedback as the League worked to create a broader menu of services for small credit unions while maintaining and enhancing those core services on which you’ve come to rely,” noted Hunt.

Small Credit Unions: Opportunities to Attend, Participate in Upcoming GAC

Small credit unions ($120 million or less in assets): You can participate at no charge in the GACSmall Credit Union Roundtable, slated for Sunday, March 3 ( 1 p.m.-3:30 p.m.). To register, follow the GAC registration link, then select the roundtable. It’s essentially a no-cost add-on to your registration. Contact your League’s Mary Amyx if you need assistance – mamyx@vacul.org. Interested in scholarship opportunities? Contact your TruStage representative for availability.

REGular Blog: NCUA Releases 2024 Supervisory Priorities

The NCUA has released its Supervisory Priorities list for 2024 and League Chief Advocacy Officer JT Blau offers an analysis and insights on what made the list. He also looks at how the list may affect examinations, rulemakings, and other agency actions.

League Staff Testifies on 2 Bills Designed to Combat Elder Financial Abuse

League staff testified this week in support of two bills before the General Assembly that would allow for "trusted contacts" to be added to banking accounts to assist financial institutions in combating the abuse and exploitation of elderly and vulnerable adults.

Emerge Certification Module Set for Feb. 15; Covers Employee Engagement, Inclusion

We'll examine the importance of fostering an inclusive mindset in the workplace and how that helps us grow as individuals and support others. An inclusive, engaged environment improves our ability to recruit and retain top talent, aids us in navigating conflict, and fosters innovative, high-performing, and highly productive organizations. Location: Richmond.

In Other News …

Tags: HB 1205, public deposits, advocacy, CU Day at the General Assembly, small credit unions, EPN, Emerging Professionals Network, NCUA, supervisory priorities, supervision, examination, loan loss reserve, capital adequacy, payment system, BSA, AML, liqu

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