Latest News & VACUL Headlines
- NCUA Board to Vote March 17 on Strategic, Annual Performance Plans
March 14, 2022 - Virginia Credit Union Talks 'Business Intelligence'
March 14, 2022In “6 Credit Unions Dish On Data Dashboards And Enterprise Collaboration (Part 1),” Callahan talks with Virginia Credit Union about how making the most of business intelligence involves building bridges between departments.
- NCUA Plans Overdraft Scrutiny with a Close Eye on Financial Inclusion
March 14, 2022Regulators at the National Credit Union Administration are taking a deeper look at overdraft programs for 2022 as part of a mission of combating financial exclusion.
- Filene Launches 2nd Annual Industry-Wide DEI Survey
March 11, 2022Research shows that individual DEI practices do not matter on their own when it comes to organizational performance. What matters most are bundles of connected practices. A second year of industry data will show how credit unions are trending in their DEI efforts. This week, Filene announced the launch of the second annual industry-wide DEI Practices and Policies Survey asking organizations to complete a 10-minute survey to examine the presence, reach and value-creating effects of DEI practices and policies at credit unions.
- Webinar: Vendor Due Diligence
March 11, 2022Third-party vendors play an important role as you strive to become more competitive and expand member services. Managing risks associated with these relationships is a critical aspect of maintaining a successful operation. Join CUNA Mutual Group's expert risk management panelists and hundreds of your credit union peers during this live webinar session as they share insights, perspectives, and mitigation tips related to vendor due diligence.
- Initial Donations to Ukrainian Credit Union Displacement Fund to go Primarily Toward Humanitarian Aid
March 11, 2022Worldwide Foundation for Credit Unions (WFCU) will utilize donations raised in the first several weeks of its Ukrainian Credit Union Displacement Fund campaign to address immediate humanitarian needs triggered by Russia’s continued targeting of civilians, which has caused a crisis for those still in Ukraine and for more than two million Ukrainian refugees who have fled the country.
- Report Shows Focusing on Financial Well-Being Lowers Risk, Increases Brand Loyalty
March 10, 2022The National Credit Union Foundation (the Foundation) published a research brief detailing how credit unions can increase membership, expand lending and improve the financial well-being of members—by focusing on those most in need.
- Filling Void Created by NCUA, CUCollaborate Offering to Prequalify Any CU for CDFI Certification
March 10, 2022In the wake of NCUA’s announcement it is eliminating its streamlined application for Community Development Financial Institution (CDFI) certification, CUCollaborate said it is stepping in to “fill the void.”
- Bipartisan Bill Would Require Firms to Report Cyberhacks Within 72 Hours
March 10, 2022The House of Representatives is expected to consider legislation this week that would require financial institutions and other critical infrastructure operators to report substantial cyber incidents and ransom payments to the federal government.
- NCUA Board Member Rodney Hood Discusses Personal, NCUA Priorities at Tidewater Chapter Meeting
March 10, 202270 representatives from Tidewater Chapter credit unions welcomed NCUA Board Member Rodney Hood to the Commonwealth today.