Latest News & VACUL Headlines
- Regulatory Compliance Weekly Roundup: Aug. 25, 2023
August 25, 2023Happy Friday, everyone! Time for a quick recap of some recent happenings in the regulatory compliance world!
- League Legislative Receptions in Roanoke, Richmond Draw Dozens of Lawmakers, 100 CU Champions
August 25, 2023Your League’s legislative receptions this week in Roanoke and Richmond drew more than 100 credit union supporters and two dozen lawmakers and political candidates.
- Comments on Operating Fee Methodology, Robocalls Due in September
August 24, 2023Comments are due in late August and September for several proposals and requests for information of interest to credit unions.
- League Alert: CUNA, NAFCU Release Dues Proposal for Merger Transition
August 24, 2023Credit Unions: We wanted to ensure you are aware of the communication sent today from CUNA and NAFCU that outlines the proposed membership dues structure should member credit unions approve a proposed merger of the two national trade associations.
- NCUA Releases New Financial Education Resources
August 24, 2023The National Credit Union Administration has released new resources that credit unions can use in their financial education programs for online training and in-person workshops, as well as social media engagement. These resources can also be printed and made available to credit union members and consumers to help them take charge of their finances and feel more empowered about their financial futures.
- Vizo Financial Pledges $1 Million to Grants Program to Support CUs' Financial Education Initiatives
August 23, 2023In a nod to the credit union movement’s sixth cooperative principle of "concern for community," Vizo Financial will be reserving $1 million to provide financial empowerment grants for credit unions. The Vizo Financial Empowerment Grants Program will begin in September 2023 and includes a five-year plan to disperse funds to credit union foundations so that they can help natural person credit unions build financial literacy programs that not only benefit, but empower, their members and, ultimately, their communities.
- 2Q2023 Credit Union Profile Now Available
August 23, 2023The latest Credit Union Profile (2Q2023) is now available. The Credit Union Profile is a quarterly publication of your League providing a statistical snapshot of the state and national credit union industries.
- League's Blau Featured in Podcast 'With Flying Colors'
August 22, 2023Our Chief Advocacy Officer J.T. Blau is featured in this week's episode of "With Flying Colors". Here is what he has to say about it. "I recently sat down with Mark Treichel to record this podcast on the NCUA's new member expulsion rule...
- Scholarship Winner Reflects on Personal, Professional Growth Following Attendance at Annual AACUC Conference
August 17, 2023The Virginia League proudly sponsors an annual scholarship to the African American Credit Union Coalition's (AACUC) Annual Conference. The scholarship was established in honor of retired TruEnergy Federal Credit Union President/CEO Lynette Smith, a tireless credit union advocate and a champion for the credit union movement at both the state and national levels. She is a past chairwoman of the AACUC. We were pleased to award this year's Lynette Smith Scholarship to Chartway Credit Union's Melisande Corlett, who was so moved by the experience and opportunity, she's written the following post about the Annual Conference and what the networking opportunities and education sessions meant to her, personally and professionally.
- Topside FCUÂ Wins Department of the Navy Distinguished Service Award for Second Time
August 16, 2023Topside Federal Credit Union announced today that it has been awarded the 2022 Department of the Navy Distinguished Small Credit Union Service Award. This recognition is a testament to the hard work and dedication of the Credit Union's team, who consistently prioritize providing exceptional service to their members.