League News Releases
- League Monitoring Long-Awaited Supreme Court Case That May Decide CFPB's Future
October 2, 2023Your League will monitor the long-awaited case before the U.S. Supreme Court that may well decide the future of the Consumer Financial Protection Bureau.
- Credit Unions: Apply for Grants to Support Your Financial Education Initiatives
September 29, 2023Through the generosity of Vizo Financial Corporate Credit Union, Virginia's credit unions can apply for grants that will fund financial education projects or programs to empower members to reach financial goals and establish a better quality of life. Up to $50,000 annually will be allocated to each of the state’s Foundations.
- League Urges Rep. Good to Reconsider Support of Interchange Legislation; Communicates CUs Grave Concerns with Bill
September 27, 2023Despite intense efforts this summer by credit unions and the League to outline our deep concerns and the risks associated with interchange legislation, Rep. Bob Good (R-5th) has signed on as a co-sponsor for the House version of the bill.
- With Shutdown Looming, League Monitors Situation in Washington
September 26, 2023As we move closer to a federal government shutdown, your League is carefully monitoring the situation and engaging with lawmakers. We continue to make the point that a shutdown will harm credit union members, the regional economy, and credit unions themselves.
- League Welcomes News of Tanya Otsuka's Nomination for NCUA Board
September 21, 2023The Virginia Credit Union League is pleased to learn of the nomination of Tanya Otsuka to be a member of the National Credit Union Administration (NCUA) board. "The Virginia Credit Union League looks forward to working with Ms. Otsuka should she be confirmed," said League President/CEO Carrie Hunt. "We are very excited to see how she will bring her talents to the credit union industry."
- League Amps Up Urgent Call to Lawmakers to Avoid Government Shutdown
September 20, 2023Your League this week wrote every member of the Virginia Congressional delegation, urging them to avoid a government shutdown and the hardships that would follow for Virginians and the Commonwealth. Note: Credit unions will find this CUNA document helpful! It outlines the implications of a government shutdown for credit unions and their members. It also includes resources that will prove useful in the event of a government shutdown.
- League Monitoring NCUA Board's Consideration This Week of 'Financial Innovation' Rule
September 20, 2023The National Credit Union Administration Board will tomorrow consider its financial innovation rule, which is designed to make fintech partnerships easier for federally insured credit unions. “We appreciate the NCUA Board’s commitment to providing regulatory clarity and addressing marketplace changes brought about by technology or evolving market opportunities,” said League President/CEO Carrie Hunt. “It’s important the industry continues to work with NCUA to identify opportunities to update regulations such as this. It’s why the League considers participation and engagement during the regulatory review process so important.”
- League Writes Congressional Delegation; Urges Lawmakers to Avoid Government Shutdown
September 19, 2023Your League has written every member of the Virginia Congressional delegation, urging them to avoid a government shutdown and the hardships that would follow for Virginians and the Commonwealth.
- League Writes Congressional Delegation; Urges Lawmakers to Avoid Government Shutdown
September 18, 2023Your League today wrote every member of the Virginia Congressional delegation, urging them to avoid a government shutdown and the hardships that would follow for Virginians and the Commonwealth.
- Urgent Action Alert: Email Sens. Warner & Kaine Now to Fight CU-Opposed Interchange Bill
September 14, 2023Credit unions: There are new developments on interchange legislation that need your urgent attention. Your League today contacted the offices of Sen. Mark Warner and Tim Kaine urging them to oppose any efforts to advance the Credit Card Competition Act (CCCA). Now, we need you to mobilize at your credit union and ensure staff, officials and members reach out to Virginia's senators.