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Latest News Posts
- Chartway Recognized as One of the 50 Most Community-Minded Companies in Hampton Roads
October 30, 2023Chartway Credit Union has been named honoree of The Civic 50 Hampton Roads by VOLUNTEER Hampton Roads and Points of Light, the world’s largest organization dedicated to volunteer service. This award acknowledges Chartway as one of the most community-minded companies in Hampton Roads, determined by an independently administered and scored survey. The Civic 50 Hampton Roads initiative, modeled after Points of Light’s national program, provides a standard for superior corporate citizenship and showcases how companies can use their time, talent, skills and resources to drive social impact in their company and communities.
- NAFCU Compliance Blog: De Minimis Exception to Submitting Credit Card Agreements to the CFPB
October 30, 2023Today's NAFCU Compliance Blog post covers one of the exceptions related to submitting credit card agreements to the CFPB. Section 1026.58(c)(5)-(7) includes a de minimis exception, which may be more likely to apply to smaller credit unions.
- People's Advantage Federal Credit Union: Financial Empowerment Center Open for Business in Richmond
October 30, 2023Peoples Advantage Federal Credit Union on Oct. 28 celebrated the grand opening for its Richmond Financial Empowerment Center at 3601 Dill Road, Richmond, Virginia. The event had over 200 attendees from the community. The Credit Union’s mission is to enable the underserved, unbanked and no-credit population to build and fulfill dreams by taking the People “Advantage.”
- DCCU Donates $20,000 to the Blue Ridge Area Food Bank
October 30, 2023During the months of July and August, DCCU credit card holders received additional reward points or cash back for their grocery purchases. In turn, DCCU would make a donation to the Blue Ridge Area Food Bank (BRAFB) in relation to the dollars spent on grocery purchases. Thanks to the campaign and member support, DCCU donated $20,000 to the Food Bank.
- League Reviewing NCUA Budget Proposal
October 27, 2023Your League is carefully reviewing the NCUA's just-released budget proposal. "It’s vitally important the industry remains engaged with NCUA on its budget priorities, with the goal of striking a balance between protecting against risk, while also fostering an environment of innovation that best positions credit unions to succeed,” said League President/CEO Carrie Hunt.
- Langley Federal Credit Union Donates $3,000 to Food Bank of Central, Eastern North Carolina
October 27, 2023Langley Federal Credit Union has donated $3,000 to the Food Bank of Central & Eastern North Carolina to help celebrate the opening of the credit union’s newest branch, in Raleigh, North Carolina. The branch at 6308 Falls of Neuse Road welcomed its first members on Sept. 11. As part of the opening week festivities, Langley pledged to donate $100 for every new member who joined the branch, up to $3,000.
- Crash the GAC 2024! Applications Must Be Submitted by Nov. 20
October 27, 2023Interested in attending the Governmental Affairs Conference next year as a Crasher? Gain a deeper understanding of our industry's advocacy work and how we showcase the "Credit Union Difference." The GAC is our opportunity to highlight the meaningful work credit unions are doing to improve the financial well-being of their members and communities. Apply to CRASH the GAC 2024 and take your career to the next level! Applications are due no later than Nov. 20.
- Registration Opens for League Compliance Roundtable and Member Call-In
October 27, 2023Registration is open for two upcoming League virtual events! Both are free. League Compliance Roundtable (Dec. 6) and the Member Call-In (Dec. 12).
- Week’s Advocacy Issues Dominated By Interchange, Injunction Blocking CFPB’s Reporting Rule on Small Biz Lending
October 27, 2023Advocacy news and notes for the week ended Oct. 27.
- CUNA-Led Litigation Results in Nationwide Stay of CFPB’s 1071 Rule
October 26, 2023Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial Protection Bureau’s Section 1071 rule, thanks to quick legal action by CUNA, Cornerstone League and Rally Credit Union of Corpus Christi, Texas.