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Latest News Posts
- Unified Regulatory Agenda Part 2: CFPB and FinCEN
July 9, 2024After examining the NCUA’s Rulemaking Agenda, we take a closer look at some key items from the CFPB and FinCEN in Part 2 of our Unified Regulatory Agenda analysis. Read more in today’s REGular blog!
- CFPB Issues Summer 2024 Supervisory Highlights - Key Takeaways for Credit Unions
July 3, 2024The CFPB has released the latest edition of its Supervisory Highlights. Credit unions can learn from the common findings highlighted in the report to ensure their procedures and practices are compliant. In today’s REGular blog, we highlight key findings in the report and give takeaways and best practices for credit unions.
- July 2nd Update - Virginia Congressional Primary Results
July 2, 2024Re-count update. Virginians voted in primaries held throughout the Commonwealth to determine which candidates will run for Congress in November’s general election. Here are the results and your League's next steps.
- NCUA issues annual Cybersecurity and Credit Union System Resilience Report
July 2, 2024The NCUA recently released their annual Cybersecurity and Credit Union System Resilience Report. The report looks at cyber threats facing credit unions and how the NCUA and credit unions can stay prepared. Read more in today’s REGular blog post.
- Member Spotlight: Investing in Financial Literacy - How Baylands Family Credit Union Is Leading the Way
July 2, 2024Baylands Family Credit Union, an esteemed member of the Virginia Credit Union League, exemplifies the ‘People Helping People’ philosophy that defines credit unions. This guiding principle has driven Baylands to develop robust financial education programs aimed at enriching both their members and the broader community. This year, they’ve placed a particular emphasis on two major initiatives: Youth Financial Education & Empowerment and Community Partner In-Person Education Seminars, aiming to enhance financial literacy and empowerment across diverse age groups.
- Beeler, Willard Appointed to Credit Union House Board
July 2, 2024Two new board directors were recently appointed to the Credit Union House (CU House) board: Samantha Beeler, president of the League of Southeastern Credit Unions (LSCU) and Caroline Williard, president/CEO of the Cornerstone League. Their terms will expire at the next Credit Union House annual meeting in March 2025.
- Supreme Court Overturns Chevron Doctrine
July 1, 2024In a landmark decision on Friday, the Supreme Court overturned the Chevron doctrine, a legal precedent that has long provided federal agencies with significant deference in interpreting ambiguous statutes. We'll be monitoring developments and impacts on the NCUA, CFPB, and credit unions.
- Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
July 1, 2024Justice Federal Credit Union, (Justice Federal), headquartered in Chantilly, Virginia, expands its footprint in Florida. The Credit Union announced it has merged with Law Enforcement & Technology Federal Credit Union (LE&T FCU), formerly known as United Police Federal Credit Union, located in Miami, Florida.
- Bronco Federal Credit Union Announces the Appointment of Michael ‘Mike’ Kenzie as Chief Executive Officer
June 26, 2024Bronco Federal Credit Union is delighted to announce the appointment of Michael ‘Mike’ Kenzie as the new Chief Executive Officer, effective July 22, 2024. Following a comprehensive internal and nationwide search and selection process, Mike has been chosen to lead Bronco Federal Credit Union into its next phase of growth.
- Uniting for Inclusivity: How CU Pride and Chartway Credit Union Lead Change
June 26, 2024June is Pride Month, a time to celebrate the contributions and advancements of the LGBTQ+ community. At the Virginia Credit Union League, we are proud to spotlight Chartway Credit Union for their active involvement in CU Pride, a testament to their commitment to diversity, equity, and inclusion within the credit union industry.