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Latest News Posts
- CURRENT Newsletter | September 15, 2023
September 15, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: Email Sens. Warner & Kaine Now to Fight CU-Opposed Interchange Bill; League, CUs Meet with Sen. Warner, Offices of Other Lawmakers; GROWTH Conference: Bold, Innovative Ideas to Fuel Sustainable Growth at Your CU; Regulatory Compliance Weekly Roundup: Sept. 15, 2023; Save the Date: Financial Well-Being for All Boot Camp Oct. 25 and NCUA Board to Vote on Final Loan Participation Rule Sept. 21.
- Regulatory Compliance Weekly Roundup: Sept. 15, 2023
September 15, 2023Happy Friday everyone! It's been a busy week here at the League! We hiked the hill in Washington D.C. with many of our credit unions on Monday and Tuesday, meeting with our lawmakers to share the ways Virginia's credit unions are helping their members and discussing legislative priorities. We had a number of productive meetings with the banking aides of our legislators, as well as with Sen. Mark Warner. Let's take a quick look at some stories this week from the world of Regulatory Compliance ...
- CURRENT Newsletter | September 15, 2023
September 15, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: Email Sens. Warner & Kaine Now to Fight CU-Opposed Interchange Bill; League, CUs Meet with Sen. Warner, Offices of Other Lawmakers; GROWTH Conference: Bold, Innovative Ideas to Fuel Sustainable Growth at Your CU; Regulatory Compliance Weekly Roundup: Sept. 15, 2023; Save the Date: Financial Well-Being for All Boot Camp Oct. 25 and NCUA Board to Vote on Final Loan Participation Rule Sept. 21.
- SAFE Banking Act Scheduled for Markup in Senate Banking Committee
September 15, 2023A measure to provide protections for financial institutions serving cannabis-based businesses in states where it is legal is scheduled for markup in the Senate Banking Committee on Sept. 27. This measure has garnered significant bipartisan support in previous sessions of Congress, but never enough to win passage by both chambers.
- Urgent Action Alert: Email Sens. Warner & Kaine Now to Fight CU-Opposed Interchange Bill
September 14, 2023Credit unions: There are new developments on interchange legislation that need your urgent attention. Your League today contacted the offices of Sen. Mark Warner and Tim Kaine urging them to oppose any efforts to advance the Credit Card Competition Act (CCCA). Now, we need you to mobilize at your credit union and ensure staff, officials and members reach out to Virginia's senators.
- NCUA Board to Vote on Final Loan Participation Rule Sept. 21
September 14, 2023The NCUA board will vote on a final loan participation rule at its Sept. 21 board meeting. The meeting is scheduled to start 10 a.m. ET, and will be streamed live on NCUA.gov.
- Virginia CU Advocates Reach Congressional Delegation Through ‘Hike The Hill,’ Summer Legislative Events
September 13, 2023In Hike The Hill events this week in Washington and through a series of legislative events across the Commonwealth this summer, the Virginia Credit Union League and member credit unions met with every member of Virginia’s Congressional delegation in preparation for a busy end-of-year agenda on Capitol Hill.
- CURRENT Newsletter | September 12, 2023
September 12, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: Join Initiative to Help Industry Secure Share of $27 Billion to Provide Green Loans to Aid Your Members, Communities; CUs, League Meet in Washington with Offices of Reps. Wittman, Kiggans, Beyer; Additional Legislative Meetings Set for Today; GROWTH Conference Sept. 20-22: Still Time to Register; and Save the Date: CEO Forum Set for Oct. 17.
- FFIEC Updates Filing Instructions, Supplemental Guides for Quarterly HMDA Filers
September 12, 2023The Federal Financial Institutions Examination Council (FFIEC) has updated the Home Mortgage Disclosure Act (HMDA) website. Regulation C requires lending institutions to report public loan data. In this section of the website, you can find out more about the regulation and its interpretation. The updated Filing Instructions Guide (FIG) and Supplemental Guide for Quarterly Filers for data collected in 2023 are now available.
- CURRENT Newsletter | September 12, 2023
September 12, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: Join Initiative to Help Industry Secure Share of $27 Billion to Provide Green Loans to Aid Your Members, Communities; CUs, League Meet in Washington with Offices of Reps. Wittman, Kiggans, Beyer; Additional Legislative Meetings Set for Today; GROWTH Conference Sept. 20-22: Still Time to Register; and Save the Date: CEO Forum Set for Oct. 17.