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Latest News Posts
- Regulatory Compliance Weekly Roundup: Sept. 1, 2023
September 1, 2023Let's take a look at some of the highlights of the week in regulatory compliance, including NCUA Chairman Todd Harper's latest call for third-party examination authority for the NCUA, actions by CFPB and an IRS memo on federal credit unions' eligibility to claim the Employee Retention Credit.
- CURRENT Newsletter | September 1, 2023
September 1, 2023News and Notes for and about Virginia's Credit Unions. In today's edition: NoVA Legislative Reception; Reg Compliance Weekly Roundup; ERC Eligibility for FCUs; League Compliance Roundtable; GROWTH Conference; and the upcoming EMERGE Seminar.
- IRS Weighs In on FCU Eligibility for the ERC
August 31, 2023In the last couple years, many credit unions have been exploring whether they were eligible to claim the Employee Retention Credit (ERC) that was part of the CARES Act. This law made credits available for eligible employers whose operations were fully or partially suspended due to orders from the government. Credit unions, auditors, and third party vendors began parsing through the limitations and restrictions of the legislation and guidance.
- CUs, League Host 15 Lawmakers, Candidates at NoVA-Area Legislative Reception
August 31, 2023Credit unions and the League continued a successful series of statewide Legislative Receptions last night with an event in northern Virginia that drew 50 credit union advocates and 15 elected officials and candidates from across the region.
- CURRENT Newsletter | August 29, 2023
August 29, 2023 - NoVA-Area Legislative Reception Aug. 30; We Need Additional Credit Union Attendees!
August 29, 2023NoVA credit unions: There’s still time to join us tomorrow (Aug. 30) for our Legislative Reception at Northwest Federal Credit Union (6 p.m.-8 p.m.)!
- GROWTH Conference: Leveraging All Facets of Your Operations, Organization to Drive Growth & Fuel Success
August 29, 2023Join us at the Virginia Beach oceanfront for an informative, thought-provoking conference that seeks to answer that all-important question: How do we deliver enterprise-wide strategy, differentiation and performance to fuel the growth and success of our credit union?
- Today: Vote Opens on Transformation to America’s Credit Unions
August 28, 2023Today, members of CUNA and NAFCU will receive ballots to vote on the proposed merger of the two associations to form America’s Credit Unions. The vote will remain open for 60 days.
- Langley Federal Credit Union Donates $25,000 to American Red Cross to Support Hawaii and Hilary Disaster Relief Efforts
August 28, 2023Langley Federal Credit Union is donating $25,000 to the American Red Cross supporting relief efforts for recent disasters across multiple western states including the Hawaii wildfires and the aftermath of Tropical Storm Hilary.
- Virginia-Based CUs Make American Banker’s 'Top CUs to Work For'
August 28, 2023Honorees on this year's list from American Banker of the Best Credit Unions to Work For are developing programs that meet the needs of current employees and entice new generations of talent to join. Several CUs in the Commonwealth made the list!