League News

Vizo Financial Corporate Credit Union and MY CU Services, its payments CUSO, introduced a new Third-Party Wires service this week. The new service offers credit unions enhanced convenience through its online application which allows wire transfers to be processed through a credit union's account with the Federal Reserve. The service is available to all credit unions, whether or not it is a member of Vizo Financial.

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Exciting news for small credit unions! This grant provides a one-year subscription to CuCurator’s marketing hub, worth $6,000. The deadline to apply is August 23.

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We've partnered Carolinas Credit Union League to offer their Leadership Development Institute (LDI) to deliver C-Suite level leadership development training for credit union professionals. This program empowers current and rising credit union leaders with modern strategies for developing leadership and critical thinking skills.

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We're doing some updates on some regulations that could impact credit unions and looking at how holdups in the legislative, judicial, and executive branches are impacting their progression. As we hit back-to-school season, what better time for a look at our three branches of government and their role in the credit union advocacy process?

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Advocacy staff met virtually with Virginia Senator Suhas Subramanyam, the Democratic nominee for VA’s 10th Congressional district. They discussed credit union issues, tax exemption, and district impact. Read more about the meeting here.

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Member One Federal Credit Union’s (Member One) membership has approved a merger with Virginia Federal Credit Union (Virginia Credit Union). The merger between the Roanoke, Va.-based Member One and Richmond-based Virginia Credit Union is effective Aug. 1, 2024, with the combined $7 billion organization employing 1,100 staff and serving almost 500,000 members through first-class digital banking services and 37 branch locations.

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Attending this event will provide you with crucial insights into emerging fraud threats and effective strategies for risk mitigation. You’ll gain a deeper understanding of how to protect your credit union and enhance your professional development.

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EPN serves as a critical resource for individuals who are early in their careers or new to the credit union system, offering them opportunities to network, gain leadership skills, and advance professionally through structured programs like the EMERGE Leadership Certification.

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Happy Friday everyone! Summer is FLYING by - it's hard to believe it's almost August already! I was on site at a credit union this morning doing some training for some of their supervisory committee members when the conversation turned to back-to-school preparations. Hard to believe! As we wrap up July and head into August, lets take a look at some of this week's developments in regulatory compliance.

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Benjamin Weismer, Director of Product Innovation at TruStage, emphasizes the importance of insurance in financial planning, highlighting its role in offering security to families. He suggests that while purchasing insurance can appear complex, it doesn’t need to be intimidating. Weismer advocates for credit unions to adopt integration strategies that simplify the insurance purchasing process for their members. By doing so, credit unions can enhance accessibility and user-friendliness, ultimately improving the overall member experience.

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