League News Releases
- League Joins With National Trades on Amicus Brief in Critical Federal Court Case Involving Virginia-Based Credit Union
October 17, 2023The Virginia Credit Union League, the National Association of Federally-Insured Credit Unions and the Credit Union National Association today filed a joint amicus brief in a federal court case with broad implications for financial institutions’ liability in fraud cases involving misdirected payments.
- League-Supported Green Lending Initiative Continues to Draw Support
October 17, 2023A green-lending initiative supported by your League continues to pursue funding through the Environmental Protection Agency’s Greenhouse Gas Reduction Fund (GGRF).
- Nomination Hearing Oct. 19 for NCUA Board Nominee Tanya Otsuka
October 16, 2023The Senate Banking, Housing, and Urban Affairs Committee will meet Thursday to consider nominations, including a nominee for the NCUA Board, Tanya Otsuka. President Joe Biden nominated Otsuka — current senior counsel for the majority staff of the Senate Banking Committee — to take the place of current board member Rodney Hood. "The Virginia Credit Union League looks forward to working with Ms. Otsuka should she be confirmed," said League President/CEO Carrie Hunt. "We are very excited to see how she will bring her talents to the credit union industry."
- Navy Federal Credit Union's Michael Huff Joins Virginia Credit Union League Board of Directors
October 13, 2023Michael Huff, vice president of government relations and public policy at Vienna, Virginia-based Navy Federal Credit Union, has been appointed to the Virginia Credit Union League’s Board of Directors. He will serve as an At-Large Director until the League Board’s 2024 elections.
- 1,000 Emails to Lawmakers in the Past Month in Opposition to Interchange Bill
October 10, 2023We’re closing in on 1,000 emails sent to Virginia’s congressional delegation in opposition to the Credit Card Competition Act (interchange legislation). We launched our most recent campaign a month ago, and you’ve responded by mobilizing your staff, officials and members!
- Virginia-Based Credit Unions Reach 45,000 Individuals With Personal Finance Lessons
October 10, 2023Virginia-based credit unions reported reaching 28,144 students and 17,568 adults with lessons on personal finance during the year ended June 30, 2023. To reach those numbers, Virginia’s credit unions collectively conducted 570 presentations to students and 428 presentations to adults.
- UVA Community CU Welcomes NCUA Board Member Rodney Hood
October 3, 2023League Director of Membership and Business Development Katie Bailey joined UVA Community Credit Union yesterday in Charlottesville to welcome NCUA Board Member Rodney Hood. Janine Williams (Vice President of Credit Union Affairs at UVA Community CU) and Belinda Tucker (COO of UVA Community CU) provided Board Member Hood with an overview of the credit union's services. Hood is on a 50-state tour visiting credit unions and state leagues as he approaches the end of his term as an NCUA board member.
- League Monitoring Long-Awaited Supreme Court Case That May Decide CFPB's Future
October 2, 2023Your League will monitor the long-awaited case before the U.S. Supreme Court that may well decide the future of the Consumer Financial Protection Bureau.
- League Urges Rep. Good to Reconsider Support of Interchange Legislation; Communicates CUs Grave Concerns with Bill
September 27, 2023Despite intense efforts this summer by credit unions and the League to outline our deep concerns and the risks associated with interchange legislation, Rep. Bob Good (R-5th) has signed on as a co-sponsor for the House version of the bill.
- With Shutdown Looming, League Monitors Situation in Washington
September 26, 2023As we move closer to a federal government shutdown, your League is carefully monitoring the situation and engaging with lawmakers. We continue to make the point that a shutdown will harm credit union members, the regional economy, and credit unions themselves.