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Latest News Posts
- League Plans Full Slate of Advocacy Events for GAC
February 23, 2024Your League plans to host a number of “Hike The Hill” legislative visits and a Legislative Reception as part of our advocacy efforts at the Governmental Affairs Conference (GAC).
- IGNITE 2024: Education Sessions Announced!
February 23, 2024We’re excited to announce four timely, thought-provoking breakout sessions for IGNITE 2024! This year’s education lineup includes Cybersecurity Trends; Digital Assets Adoption Opportunities; AI for Credit Unions; and the Payments Landscape.
- League Launches Cybersecurity-IT Forum
February 23, 2024Based on your feedback, your League has launched a community-driven Forum to facilitate discussion of cybersecurity and information technology issues.
- Waverly, Virginia Announces Business Start-Up, and Expansion Competition
February 22, 2024Waverly, Virginia is holding a business plan competition with grant prizes of up to $15,000 for new or expanding businesses located in the Town. Accepted entrepreneurs must participate in a 9-week business planning course offered through Peoples Advantage Federal Credit Union, which will culminate in a “Shark Tank” style juried pitch night to be held May 23, 2024.
- ABNB Community Foundation Awards $10,000 Grant to YWCA South Hampton Roads
February 22, 2024Today, the ABNB Community Foundation announced it has awarded a Grant in the amount of $10,000 to the YWCA of South Hampton Roads.
- Park View Federal Credit Union Achieves Esteemed Recognition in CU Solutions Group's 2024 Best of the Best Awards
February 22, 2024Park View Federal Credit Union emerges as a recipient of the 2024 Best of the Best award, a prestigious accolade presented by MemberXP, a leading CX program offered through CU Solutions Group. This distinguished award is an annual acknowledgment bestowed upon credit unions that consistently excel in delivering exceptional service.
- FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
February 22, 2024On February 12, 2024, the Federal Financial Institutions Examination Council (FFIEC) issued a statement of principles related to residential property appraisal and valuation practices for member entities to consider in their consumer compliance and safety and soundness examinations. The principles are intended to aid member entities in assessing whether supervised institutions’ compliance management systems and risk management practices are appropriate in identifying and mitigating risks due to discrimination or bias as well as promoting credible valuations.
- Revocation of Consent Rule Addresses Credit Union Concerns
February 20, 2024The Federal Communications Commission (FCC) Thursday approved its proposal on revocation of consent under the Telephone Consumer Protection Act (TCPA). The rule approved Thursday reflects several changes requested by America’s Credit Unions—and its legacy organizations prior to the merger—during its engagement with the FCC on the subject.
- NCUA Call Report Update: Focus on Overdraft & NSF Fees; Penalties Resume
February 20, 2024If you’ve been following regulatory compliance developments over the past 18 months or so, then you’ve likely noticed that the regulatory agencies have increased their scrutiny of certain fees charged by credit unions. While numerous fees have been targeted, the agencies have focused the most attention on overdraft and non-sufficient funds (NSF) fees.
- Report Your Financial Education Efforts
February 20, 2024Credit unions: Many of you are actively involved in conducting financial education presentations and we remind you to report your good work to the Credit Union Financial Education Network (CUFEN)! We use the reported data to highlight for policymakers credit unions’ commitment to financial education and financial well-being and to showcase the “Credit Union Difference.”