League News Releases
- 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.
- Credit Union Magazine Recognizes Apple FCU's Calanthia Tucker, League's CeJae Vtipilson as 2023 CU 'Rock Stars'
September 25, 2023The Virginia Credit Union League is proud to announce that Apple Federal Credit Union Board Chair Calanthia Tucker and the League's own CeJae Vtipilson have been named 2023 Credit Union Rock Stars by the editorial team of Credit Union Magazine.
- League Welcomes News of Tanya Otsuka's Nomination for NCUA Board
September 21, 2023The Virginia Credit Union League is pleased to learn of the nomination of Tanya Otsuka to be a member of the National Credit Union Administration (NCUA) board. "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."
- League Amps Up Urgent Call to Lawmakers to Avoid Government Shutdown
September 20, 2023Your League this week wrote every member of the Virginia Congressional delegation, urging them to avoid a government shutdown and the hardships that would follow for Virginians and the Commonwealth. Note: Credit unions will find this CUNA document helpful! It outlines the implications of a government shutdown for credit unions and their members. It also includes resources that will prove useful in the event of a government shutdown.
- League Monitoring NCUA Board's Consideration This Week of 'Financial Innovation' Rule
September 20, 2023The National Credit Union Administration Board will tomorrow consider its financial innovation rule, which is designed to make fintech partnerships easier for federally insured credit unions. “We appreciate the NCUA Board’s commitment to providing regulatory clarity and addressing marketplace changes brought about by technology or evolving market opportunities,” said League President/CEO Carrie Hunt. “It’s important the industry continues to work with NCUA to identify opportunities to update regulations such as this. It’s why the League considers participation and engagement during the regulatory review process so important.”
- Registration Open for 2024 Governmental Affairs Conference
September 19, 2023Registration is now open for the Governmental Affairs Conference (GAC). The annual conference will be held at the Walter E. Washington Convention Center in Washington, D.C., and online, March 3–7, 2024. "We hope you'll join your League and fellow Virginians in Washington next year as we engage with our Congressional delegation and regulators," said Virginia League President/CEO Carrie Hunt. "Our advocacy work will be especially critical early next year as we work toward the finish line for the 118th Congress and what promises to be a challenging and eventful 2024 presidential and federal election cycle."
- Urgent Action Alert: Email Sens. Warner & Kaine Now to Fight CU-Opposed Interchange Bill
September 14, 2023Credit unions: There are new developments on interchange legislation that need your urgent attention. Your League today contacted the offices of Sen. Mark Warner and Tim Kaine urging them to oppose any efforts to advance the Credit Card Competition Act (CCCA). Now, we need you to mobilize at your credit union and ensure staff, officials and members reach out to Virginia's senators.
- Virginia CU Advocates Reach Congressional Delegation Through ‘Hike The Hill,’ Summer Legislative Events
September 13, 2023In Hike The Hill events this week in Washington and through a series of legislative events across the Commonwealth this summer, the Virginia Credit Union League and member credit unions met with every member of Virginia’s Congressional delegation in preparation for a busy end-of-year agenda on Capitol Hill.
- CUs, League Meet In Washington with Offices of Reps. Wittman, Kiggans, Beyer
September 11, 2023Your League and Virginia-based credit unions are in Washington this week to meet with federal lawmakers as part of NAFCU's Congressional Caucus. There are a host of issues of keen interest to credit unions on the Congressional agenda for the remainder of this year, including our ongoing battle against interchange legislation, funding the federal government, measures related to CFPB, and legislation that would provide new flexibility for federal credit union board meetings. Credit unions and your League met today with the offices of Reps. Rob Wittman (R-1st), Jennifer Kiggans (R-2nd) and Don Beyer (D-8th), covering those issues and others.
- Credit Unions: Join Initiative to Help Industry Secure Share of $27 Billion to Provide Green Loans to Aid Your Members, Communities
September 8, 2023We want to make you aware of an exciting opportunity that could provide significant grant funds for credit unions interested in green lending. Ecority, an independent nonprofit, is asking credit unions and Community Development Financial Institutions to submit an electronic letter of interest which it will use to demonstrate the breadth and depth of industry interest in leveraging some $20 billion from the Greenhouse Gas Reduction Fund (GGRF) being administered by the U.S. Environmental Protection Agency. As of this date, Ecority is composed of credit unions and CDFIs in 43 states, including Virginia’s own Langley Federal Credit Union.