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Latest News Posts
- Freedom First Surpasses $100,000 in Play for Purpose Giving
December 12, 2023Freedom First Credit Union’s Play for Purpose program has officially surpassed $100,000 in giving and continues to grow. We’ve partnered with both Virginia Tech and Liberty University to team up with their Football, Basketball (men’s and women’s), Baseball, and Softball programs for a unique community give-back initiative.
- Homebase CU, League Meet with Del. Carrie Coyner
December 12, 2023Del. Carrie Coyner (R-62) visited Homebase Credit Union today to discuss legislative priorities for the upcoming session and the challenges credit unions face.
- Vizo Financial Reaches Local, National and International Communities in 2023
December 12, 2023Vizo Financial’s community initiatives stretched from its local communities in Columbia, S.C.; Greensboro, N.C.; Pittsburgh, Pa.; and Middletown, Pa., to communities across the nation and world throughout 2023.
- NCUA Board Meeting Dec. 14 with Agency Budget, OTR Methodology on Agenda
December 11, 2023The NCUA has a full agenda for its Dec. 14 meeting, with a request for comment on its Overhead Transfer Rate (OTR) methodology and a vote on the agency's 2024-2025 budget slated for consideration.
- Spencer Lowry to Serve as Freedom First’s Vice President of Retail Banking in Blacksburg
December 7, 2023Freedom First Credit Union is excited to announce Spencer Lowry as our Vice President of Retail Banking in Blacksburg.
- 3Q2023 Credit Union Profile Now Available
December 7, 2023The latest Credit Union Profile (3Q2023) is now available. The Credit Union Profile is a quarterly publication of your League providing a statistical snapshot of the state and national credit union industries.
- Lending, Assets, Insured Shares, and Delinquencies Rise in Third Quarter
December 7, 2023According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $132 billion, or 9.1 percent, over the year ending in the third quarter of 2023, to $1.59 trillion. Total assets rose by $79 billion, or 3.7 percent, to $2.23 trillion during the same period.
- BayPort Credit Union: VBCPS Advanced Technology Center’s New Renewable Energy Technology Program Now Open
December 7, 2023BayPort Credit Union is proud to announce the official opening of the new Renewable Energy Technology Program for high school students at the Virginia Beach City Public Schools (VBCPS) Advanced Technology Center. The new program is made possible by the $500,000 Accelerating Change Together Grant, which was awarded to the Virginia Beach Education Foundation in 2022.
- League Offers Archived Video of Dec. 6 Compliance Roundtable
December 6, 2023Your League hosted its 4th quarter Compliance Roundtable on Dec. 6. The archived webinar and other resources are now available. Our roundtables are designed to aid your team in building its compliance resources, boosting its regulatory expertise and saving time.
- Rep. Gerry Connolly Signs on as Co-Sponsor of Veterans Members Business Loan Act
December 6, 2023Following credit union and League advocacy efforts, Rep. Gerry Connolly (D-11th) has signed on to H.R. 4867 (Veterans Members Business Loan Act) as a co-sponsor. At present, the bill has garnered the support of 14 House members in a show of bipartisan support.