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Latest News Posts
- League Eager to Work on CU Issues with New NCUA Board Member Tanya Otsuka
January 8, 2024The Honorable Tanya Otsuka became the 25th Board Member of the National Credit Union Administration following a private swearing-in ceremony held at the agency’s Alexandria, Virginia, headquarters today. "The Virginia Credit Union League congratulates Ms. Otsuka and looks forward to working with her as a member of the NCUA board to ensure credit unions have the tools they need to serve members," said League President/CEO Carrie Hunt. "We are excited to see her bring her talents to the credit union industry."
- FinCEN Begins Accepting Beneficial Ownership Reports; League Notes Issues for CUs
January 8, 2024The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has started to accept beneficial ownership information reports, in accordance with the Corporate Transparency Act. Your League recently published a blog post covering credit union compliance issues related to BOI.
- League’s Carrie Hunt Leads Effort in Support of Green-Lending Initiative for CUs
January 8, 2024League President/CEO Carrie Hunt assisted in leading an effort today to help secure funding from the Environmental Protection Agency for green-lending initiatives at Virginia-based credit unions, as well as nationally.
- America's Credit Unions Prepares for Launch; League's Carrie Hunt Will Lead New Trade's Advocacy Work Beginning March 1
December 29, 2023The merger of CUNA and NAFCU culminates next week with the official launch of America’s Credit Unions. This transformation is to provide the credit union industry with a stronger and more responsive voice on the national stage. League President/CEO Carrie Hunt will be departing the League to serve as the Chief Advocacy Officer for America's Credit Unions, effective March 1.
- League Comments on NCUA's Move to Simplify Share Insurance Rules; Opposes Agency's Interest in New Recordkeeping Requirement
December 28, 2023Your League this week submitted comments on NCUA's proposed amendments for regulations governing share insurance coverage.
- TruStage: Evolving to Meet Consumers’ Changing Needs
December 27, 2023At TruStage, we’ve been a proud partner with credit unions ... for nearly a century, and we’ll continue to be there for you. We’ve got a workforce that’s passionate about helping you and your members succeed. We walk alongside you in the commitment to build a more inclusive financial system and for the cause of betterment within our communities.
- Carrie Hunt Departing Virginia Credit Union League to Serve as Chief Advocacy Officer for America's Credit Unions
December 21, 2023The Virginia Credit Union League Board of Directors announced today that President/CEO Carrie Hunt will be leaving the League to serve as Chief Advocacy Officer for America’s Credit Unions, effective March 1, 2024.
- Let League Partner Dynamic Quest Help Protect Your CU from Cyber Threats
December 21, 2023As many of you may be aware, there was recently a large-scale cyberattack that impacted 60 credit unions across the U.S. Unfortunately, this is a very negative bit of news associated with our industry. In the League's capacity as advisors to our member credit unions, we would like to take the time to reinforce the need for credit unions to pay special attention to your technology and cybersecurity postures.
- Interested in Serving on a League Committee? Let Us Know!
December 21, 2023The League Board is accepting nominations for our working committees! Interested in serving? Complete the nomination form here.
- Regulatory Compliance Weekly Roundup: December 21, 2023
December 21, 2023Happy…Thursday everyone! With the holidays upon us, the weekly roundup is one day early this week! Here's a quick overview of some of the headlines from the week in regulatory compliance.