Advocate Blog
Join the conversation about the latest laws, regulations and political issues having an impact on Virginia's credit unions.
- Credit Union Day at the General Assembly: 170 CU Advocates Joining Us at the Capitol on Thursday!
January 17, 2023More than 170 credit union advocates representing 38 credit unions from across the Commonwealth will gather at the state Capitol on Thursday for Credit Union Day at the General Assembly.
- 3 Virginians Among the 2023 GAC Crashers
January 13, 2023The 2023 GAC Crashers have been tapped from the largest applicant pool of credit union rising leaders in the program’s 14-year history. Three Virginians are among those selected to Crash the GAC: Courtney Gray - Marketing & Business Development Manager- Spectra Credit Union; Stephanie Potter - VP of Brand - ValleyStar Credit Union; and Tyjai Richardson - Member Liaison Specialist - Chartway Federal Credit Union
- CU's Digital Asset Custody Services Bill Passes House Committee in Unanimous Vote
January 13, 2023Credit unions won a victory Thursday, with our virtual currency custodian bill (HB1727) reporting out of the House Commerce and Energy Committee on a unanimous 22-to-0 vote. It now moves to the House floor for consideration. Passage in the House will send the measure to the state Senate for consideration.
- The 2023 Risk Landscape
January 12, 2023Amanda Parkhill, deputy director at NCUA’s office of examination and insurance, explained how the threat of a recession and continued economic challenges will affect key risk factors in early 2023 during CUNA’s 2022 Supervisory Committee and Internal Audit Conference in Las Vegas.
- CUNA Meets with Congressional Leaders Over CDFI Application Concerns
January 12, 2023CUNA and other organizations met with House Financial Services and Senate Banking, Housing, and Urban Affairs leadership staff Tuesday to discuss proposed changes to the Community Financial Development Institution (CDFI) Fund certification application.
- Get Recognized for Your Good Works in Community Involvement, Financial Education and Member Service
January 12, 2023Your League and CUNA want to recognize and honor your good work in serving your members, bettering your community, and arming individuals with the knowledge they need to successfully manage their finances.
- League Congratulates Newly Elected General Assembly Members
January 11, 2023The General Assembly convenes today, with winners of yesterday’s special elections making the trek to Richmond to be sworn in. “We congratulate the winners of each of these special elections and salute them for their willingness to represent their constituents and serve the Commonwealth,” said League President/CEO Carrie Hunt. “We look forward to working with each new member to educate them about credit unions and our legislative priorities.”
- Biden Has a Plan B for Student Debt Relief
January 11, 2023The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains mired in legal limbo.
- NAFCU Compliance Blog: Are Rates Required to Be Posted on Credit Union Websites?
January 11, 2023Are credit unions required to post rates to their websites? While there are no requirements to do so, credit unions should note that there are rules in section 707.8 regarding advertising that would likely apply if the credit union does post rates online. The commentary advises on permissible rates...
- Sign Up Now to Receive NCUA’s New Financial Literacy, Outreach Newsletter
January 11, 2023The National Credit Union Administration invites credit unions, educators, and others to sign up for its new email newsletter on financial literacy.