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Latest News Posts
- REGular Blog: NCUA Board Meeting Summary – July 18th, 2024
July 19, 2024VACUL’s J.T. Blau attended the NCUA Board meeting on Thursday, where the Board proposed rules for succession planning and incentive-based compensation arrangements. They also voted to extend the interest rate ceiling for federal credit unions. Read more here!
- Member Spotlight: Freedom First’s Community Impact
July 19, 2024Discover how Freedom First Credit Union is making a difference with groundbreaking financial wellness programs and community initiatives. They're tackling issues like affordable housing and offering free financial counseling to empower lives and boost economic vitality. Learn more about their impactful work in this week's Member Spotlight.
- 1st Advantage Introduces ‘University’; Goal is to Foster Professional, Personal Growth
July 17, 2024Saying it is seeking to foster professional growth and personal development, 1st Advantage FCU has launched 1st Advantage University.
- Final Rule on AVM Use Issued
July 17, 2024Today six federal regulatory agencies, including the NCUA, issued a final rule related to the use of AVMs. Read more about the details of the final rule and how and when it might impact your credit union in today’s REGular blog!
- EMERGE: Celebrating Professional Growth and Innovation
July 17, 2024Explore the highlights and insights from the Virginia Credit Union League's EMERGE Conference! Discover how this premier event supported credit union professionals stepping into leadership roles or honing their skills or "emerging professionals". Read more here!
- REGular Blog Weekly Roundup: July 12, 2024
July 12, 2024In today’s REGular blog we’re recapping some of this week’s key items for credit union regulatory compliance, including a preview of next week’s NCUA board meeting, the release of 2023 HMDA data, and a new proposed rule from the CFPB on mortgage servicing. Read more here!
- Gov. Glenn Youngkin Appoints Virginia Credit Union’s Cherry Dale to Virginia Council on Women
July 12, 2024The Virginia Council on Women is an advisory council in the Executive branch. It brings together two dozen leaders from around the state to advise the Governor and General Assembly on matters pertaining to women and ways to improve their educational, professional, cultural, and governmental status within the Commonwealth.
- FinCEN's Proposed BSA Rule Part 2: Impact on the Existing Pillars
July 11, 2024FinCEN’s Proposed Rule: Part 2. After looking at the possible new sixth BSA pillar, today’s REGular blog post dives in on how FinCEN’s proposed rule on AML/CTF programs would impact the current BSA pillars and their compliance requirements for credit unions. Read more here!
- FinCEN Issues Proposed Rule: Is a Sixth Pillar on the Horizon?
July 10, 2024FinCEN has issued a proposed rule which could create a sixth BSA pillar – an AML/CFT risk assessment. We’re looking at the details of this part of the proposed rule in today’s REGular blog. Read more here!
- NCUA Releases Regulatory Agenda: What's New on the List?
July 9, 2024The NCUA and other regulatory agencies have released their Spring 2024 Regulatory Agendas. NCUA’s list includes a number of planned proposed rules new to this edition of the Agenda. Read more about them in today’s REGular blog!