Blog
- CFPB Says Servicers Should Offer Loss Mitigation Beyond COVID Hardships
January 18, 2023The Consumer Financial Protection Bureau said it expects mortgage servicers to continue offering forbearances, deferrals and loan modifications to consumers experiencing financial hardships unrelated to the COVID-19 pandemic.
- HB1727, CUs' Digital Asset Custody Services Bill, Passes the House
January 17, 2023HB1727, our credit union bill, had its third and final reading on the House floor today, meaning it has officially passed the chamber and moves to the state Senate for consideration.
- 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.