CURRENT Newsletter | December 9, 2022
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We Want to Hear From You! Join Your League Dec. 14 for a Virtual Meeting & Open Dialogue
Join League President/CEO Carrie Hunt and Chief Advocacy Officer JT Blau for a special virtual membership meeting on Dec. 14.
We want to hear from you on the issues and concerns that weigh on your credit union and your thoughts on the League's direction and services. We'll discuss the upcoming sessions of the Virginia General Assembly and a new Congress, as well as regulatory issues we're monitoring. We’ll also look ahead to League/League Service Corporation initiatives in 2023…
CU Day at the General Assembly: Our Premier State-Level Advocacy Event Returns Jan. 19!
Credit Union Day at the Virginia General Assembly returns Jan. 19 and we need you in Richmond! We're looking for at least 200 credit union champions to join us as we educate state lawmakers about the "Credit Union Difference" and fight for credit union-backed legislation.
League Announces 2023 Calendar; Registration Open for IGNITE, Other Signature Events
We’ve posted registration for our signature events to the League website, at the request of credit unions that wanted to secure registrations through their 2022 budgets. These signature events include IGNITE 2022 | the League Annual Meeting; our EMERGE events (including the June conference); and our GROWTH Conference.
NCUA Notes End of Emergency Exemption for Certain In-Person Meeting Requirements, But League Pleased to See Some Flexibility Measures Remain
In a Letter to Federal Credit Unions (22-FCU-03), NCUA notes that emergency exemptions from certain in-person meeting requirements for federal credit union boards will expire at year-end 2022. However, of note for federal credit unions, the agency says in its letter that some measures offering flexibility as it relates to meeting and meeting notice requirements will remain, including measures for which your League fought.
League's Compliance Roundtable Covers CFPB's Focus on Consumer Fees, Consumer Report Disputes
Your League on Wednesday held its final quarterly Compliance Roundtable of 2022, with compliance attorney Jay Spruill covering several key topics of interest, including CFPB’s intense focus on overdraft and returned check fees.
Aid Our Advocacy Efforts…Complete the Interchange Survey
Please complete a survey regarding the impact of debit and credit interchange on credit union operations. We will use the information gathered to craft updated talking points, refine policy positions, and plan our grassroots efforts as we go into the 118th Congress. Surveys are due by Dec. 16!
News of Note:
- Homebase Credit Union CEO and Past League Chairman Patsy Stuard to Retire
- BayPort Credit Union Helps Fund $500,000 ACT Grant for New Virginia Beach City Public Schools Renewable Energy Technologies Program
- Budget Vote, 2023 NOL Briefing on NCUA’s Dec. 15 Agenda
- Language Around NCUA Third-Party Oversight, Interchange Routing Not Included in Version of NDAA Released by Committees
- Odds Drop for Cannabis Banking Bill in 2022
- House Votes to Ease FIs' Hiring of Ex-Convicts
- Senate Banking Committee Outlines Priorities for 2023
- McHenry Nominated for HFSC Chairmanship
- Sens. Padilla, Cramer Introduce Bill on CLF Enhancements for Credit Unions
- Proposed CDFI Fund Application Would Exclude ‘Significant Swaths’ of CUs
- Supreme Court Likely to Rule that Biden Student Loan Plan is Illegal, Experts Say
- CUNA Backs Senate Bill to Close ILC Loophole
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