CURRENT Newsletter | April 25, 2023

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League Writes Congress in Support of Restructuring CFPB

Your League today wrote key members of the House Financial Services Committee to express our support for transitioning the Consumer Financial Protection Bureau’s leadership structure from the current single-director model to a multi-member commission. “The Virginia Credit Union League has long supported a bipartisan five-member commission for the CFPB over the current single director model,” notes the letter. “This approach would provide a more balanced and consistent approach to supervision, regulation, and enforcement.” The HFSC is slated to mark up the CFPB Transparency and Accountability Reform Act tomorrow (April 26).

IGNITE 2023 Keynote: Virginia, the Nation and the World - 3 Perspectives

We’re pleased to announce a fourth informative keynote session for IGNITE 2023! Credit unions in Virginia and beyond operate on a worldwide, national and local stage. Our panel of experts will discuss the political and governmental arena on all fronts. Key issues include the super-charged and changing politics in Virginia, the impact of the government on liquidity and the economy and how the world’s credit unions have lessons for those state-side.

• Register for IGNITE 2023
• Need hotel accommodations? Contact your League’s Mary Amyx at mamyx@vacul.org.  

TRGroup Offering Live Demos of Business Partners' Products, Services

The League is partnering with TRGroup to participate in the virtual “DEMO DAY 2023” on April 27. Demo Day is an opportunity for credit unions to see live demonstrations of the latest products and services from our business solution partners.

EMERGE Leadership Module May 24: Learn How to Lead Strategically, Communicate With Impact

The leader is the key to the success of any team. The leader shapes the culture, focus, and direction of the team and sets expectations. The performance of any team is the direct result of the effectiveness of its leader. Through this workshop, leaders will learn how to shape employee mindset, develop effective behaviors, coach to skills, and improve results through coaching and accountability. While this May 24 in-person event is part of our EMERGE Leadership Certification, anyone can attend!

CU Directors: Registration Now Open for SE Regional Directors’ Conference

Join us July 23-26 in Memphis, Tennessee for the Southeast Regional Directors Conference. This year’s conference features a full range of informative educational sessions on critical, timely issues related to the economy, lending environment, and more.

CUNA Mutual Group Discovery Conference Set for Aug. 10

Get ready for CUNA Mutual Group's Discovery™2023 — its 14th annual virtual conference — on Aug. 10! Pre-register and save your spot for a full day of collaborative learning!

In Other News …

• ValleyStar RISE Foundation Announces Golf Tournament to Support Children’s Miracle Network
• EMERGE Conference June 21-22; Register Now
• Comments on Credit Card Late Fee Proposal Due May 3
• Southeast Small Credit Union Conference: Full Schedule, Education Sessions Announced
• Registration Open for NCUA 2023 Grant Round Webinar