News for Credit Union CEOs & Management | 18 May 2021

Retiring League President Rick Pillow Thanks CUs for Support, Friendship Throughout 40-Year Career 

League President Rick Pillow will retire June 30, after a 40-plus-year career in the credit union system. He offers his thanks to credit unions and League staff for their support throughout his time here at the League, including his tenure as president the past two decades, in a farewell video posted here.

“I’ve been honored to serve Virginia’s credit union system in one capacity or another for 42 years come June 30,” said Pillow. “What a privilege it’s been to have known and to have worked with so many wonderful people over those four decades, and I’m grateful and humbled by the difference they made in my life on both a personal and professional level.”

“I’m also incredibly proud of the many accomplishments of our League and our credit unions, and the work we’ve done together to advance Virginia’s credit union system,” said Pillow. “That success is a testament to our extraordinary staff, to the tremendous support of our credit unions and to the passion of the many credit union volunteers who have given of their time and talents in service to the League and their fellow credit unions.”

• View video
• View retirement announcement

May 19 Meeting on State’s Broadband Internet Initiatives; Role CUs Can Play in Boosting Access

For the past two years, your League has been part of the Commonwealth Connect Coalition, which has brought together more than 80 groups dedicated to bringing universal broadband to Virginia within a decade.

On May 19 (9:30 a.m.-10:30 a.m.), the Coalition will join us for a virtual informational meeting on the role credit unions can play in advancing universal broadband access.

Register here.

Access to high-speed internet touches almost every aspect of daily life and is a necessity for participating in modern life, a point driven home during the pandemic. Broadband access was a recurring theme in the calls we hosted with federal lawmakers and state lawmakers debated a half-dozen broadband bills this past session, half of which became law.

The Coalition is now soliciting financial support from businesses across all industries to gain access to federal funding to support the expansion of and access to broadband service.

“We believe this is an important initiative that supports our communities -- providing resources, access to services, education and so much more, including easier access to the wealth of services offered at our credit unions,” notes League President Rick Pillow. “As this initiative advances at both the state and federal levels, we believe it’s critical that credit unions are engaged and active supporters.”