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Latest News Posts
- REGular Blog: NCUA to Issue ANPR on Records Preservation Programs
April 12, 2024The NCUA Released the Agenda for their April 2024 Board Meeting this week, and it includes only one item: an Advance Notice of Proposed Rulemaking (ANPR) on Part 749, Records Preservation Program.
- REGular Blog: Weekly Roundup: April 11th
April 11, 2024Happy Thursday everyone! This week kicked off with the eclipse, and I hope you were able to step outside and take a look through some glasses. I was fortunate enough to be in Cleveland, which was in the path of totality. It was truly an amazing experience, and I would highly recommend experiencing the totality if you have the chance in the future!
- Richmond-Based Credit Union Wins Second Consecutive Gallup Exceptional Workplace Award
April 11, 2024Virginia Credit Union has earned a second consecutive Gallup Exceptional Workplace Award. This year’s GEWAs recognize the world’s 60 best workplace cultures based on rigorous measurement of their employee engagement, leadership, and performance.
- The Digital Wallet Surge: How Credit Unions Can Stay Ahead
April 11, 2024The landscape of consumer payments is rapidly evolving, with digital wallets emerging as the preferred payment method for an increasing number of users. This shift towards digital wallets, led by the convenience they offer, prompts a critical examination for credit unions on how to adapt and remain competitive.
- Fifth Circuit's Decision on Credit Card Late Fee Lawsuit: Implications for Credit Unions
April 11, 2024The U.S. Court of Appeals for the Fifth Circuit recently issued a pivotal order that reverses the district court's decision regarding the lawsuit challenging the Consumer Financial Protection Bureau's (CFPB) credit card late fee rule. Your League is closely monitoring these developments to provide our members with crucial insights and guidance on navigating the evolving regulatory landscape.
- Cutting Through the Clutter: Credit Unions' Marketing Strategies in the Ad Blocker Era
April 11, 2024The digital advertising landscape for credit unions is evolving. With over a quarter of marketing budgets devoted to digital channels, the rise of ad blockers presents a new challenge. Recent reports indicate a significant portion of online users employ ad-blocking technology, reducing the effectiveness of traditional digital advertisements.
- Virginia Credit Union League Champions Community at Cherry Blossom Race
April 11, 2024This past weekend, the Virginia Credit Union League (VACUL) staff and credit union volunteers from around the state and country demonstrated their unwavering commitment to community and philanthropy at the Credit Union Cherry Blossom Race in Washington, D.C. This distinguished event, which includes a 5K and 10-mile race, isn't just a test of endurance; it's a significant fundraiser for Children's Miracle Network Hospitals. Read all about it here!
- Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge
April 10, 2024Justice Federal Credit Union, (Justice Federal) and Law Enforcement and Technology Federal Credit Union (LE&T FCU) are excited to announce their intent to merge contingent upon member vote. Once approved, Justice Federal would serve more than 68,000 members, with twenty branches across the nation, and over $1B in assets.
- ValleyStar RISE Foundation Hosts Annual "Big Tee Off" Golf Tournament in Support of Children's Miracle Network
April 10, 2024The ValleyStar RISE Foundation is thrilled to announce the return of its annual golf tournament, the "Big Tee Off," in support of the Children's Miracle Network. The event is scheduled to take place on Thursday, May 9, 2024, at the prestigious Chatmoss Country Club in Martinsville, Virginia. In case of inclement weather, a rain date has been scheduled for Thursday, May 16, 2024.
- Langley Federal Credit Union Commits $125,000 to Norfolk State Scholarships
April 10, 2024Langley Federal Credit Union has donated $125,000 to establish a demand scholarship fund at Norfolk State University to help students finance their college education.