League News
League News Resources
- REGular Blog (Compliance & regulatory affairs news, insights, and expert opinion)
- Advocacy News (Join the conversation about the latest news and issues related to the laws, regulations, politics and issues impacting Virginia's credit unions)
- League News Releases (News from and about the Virginia Credit Union League)
- Credit Union News Releases (News from Virginia-based credit unions and out-of-state members of the League)
- CU Profile (Performance data for Virginia-based credit unions)
- Subscribe to Targeted Mailing Lists (Financial Education, Marketing, Security and More!)
Latest News Posts
- As House Readies for Election of New Speaker, CUs Urged to Maintain Efforts to Fight Interchange Bill
October 9, 2023As the U.S. House of Representatives readies to select a new Speaker, your League is urging credit unions to maintain communications with lawmakers on the Credit Card Competition Act (interchange legislation).
- Regulatory Compliance Weekly Roundup: Oct. 6, 2023
October 6, 2023This week, we tackle noteworthy news on CFPB's day in court; HMDA information and reporting requirements; the Beneficial Ownership Information (BOI) reporting rule; and recent speeches from members of the NCUA Board on regulatory issues related to mortgage lending.
- ABNB Honored with Brook Briggs Community Impact Award from Samaritan House
October 6, 2023ABNB Federal Credit Union is proud to be honored by Samaritan House with the ‘Brook Briggs Community Impact Award’ at their 9th annual Women Against Violence (WAV) Luncheon on Friday, October 6 at the Westin, Virginia Beach Town Center.
- League Congratulates Apple FCU's Andy Grimm on Appointment to CFPB's Credit Union Advisory Council
October 5, 2023Apple Federal Credit Union President/CEO Andy Grimm was today appointed to the Consumer Financial Protection Bureau's (CFPB) Credit Union Advisory Council. "We're pleased to hear that Andy has joined CFPB's Credit Union Advisory Council and congratulate him on the appointment," said Virginia Credit Union League President/CEO Carrie Hunt. "Regulation that falls within the purview of the Bureau has a tremendous impact on operations and regulatory compliance at credit unions. The Council provides our industry a voice and the opportunity to offer our unique perspective on issues that impact our members and our ability to serve them."
- ABNB Hires Joseph Pennington as Senior Vice President and Chief Financial Officer
October 3, 2023ABNB Federal Credit Union welcomes Joseph D. Pennington, CPA, as its new Senior Vice President and Chief Financial Officer. Joseph will oversee the Finance, Accounting, Enterprise Risk Management and Operations departments.
- NCUA Regional Director John Kutchey Speaks with CEOs at League Summit
October 3, 2023Last week the League hosted our CEO Summit in Charlottesville, VA. The Summit brings together CEOs from $100 million+ credit unions around Virginia, business partners, regulators and League staff to discuss challenges, best practices, and industry trends.
- UVA Community CU Welcomes NCUA Board Member Rodney Hood
October 3, 2023League Director of Membership and Business Development Katie Bailey joined UVA Community Credit Union yesterday in Charlottesville to welcome NCUA Board Member Rodney Hood. Janine Williams (Vice President of Credit Union Affairs at UVA Community CU) and Belinda Tucker (COO of UVA Community CU) provided Board Member Hood with an overview of the credit union's services. Hood is on a 50-state tour visiting credit unions and state leagues as he approaches the end of his term as an NCUA board member.
- CFPB in the Supreme Court: Oral Arguments
October 3, 2023In a case of keen interest to the credit union industry, the Supreme Court today heard oral arguments in the case of Consumer Financial Protection Bureau v. Community Financial Services Association. The case came to the Supreme Court after a 5th Circuit Court ruled that the CFPB's funding structure was unconstitutional.
- CU-Opposed Legislation Remains a Threat as Congress Faces New Deadline on Government Funding Measures
October 3, 2023While we were pleased to see Congress avert a shutdown of the federal government, we’re also quick to recognize we’re facing a fresh deadline for approval of appropriations measures for the coming fiscal year. Importantly, the risk that credit union-opposed legislation – specifically the Credit Card Competition Act (interchange bill) -- will find a way to advance via one of those measures remains extremely high. Your League continues its push this week to derail the CCCA with follow-up contacts to every member of our Congressional delegation.
- League Monitoring Long-Awaited Supreme Court Case That May Decide CFPB's Future
October 2, 2023Your League will monitor the long-awaited case before the U.S. Supreme Court that may well decide the future of the Consumer Financial Protection Bureau.