Latest News & VACUL Headlines
- InfoSight Provides Access to Law Summaries for All 50 States; Resources Impacting Credit Unions
February 3, 2022As credit unions continue to grow and open branches with members in different states, it’s important to have a tool that provides summaries of state laws that impact credit unions. InfoSight provides national access to state law summaries and resources for all 50 states! Visit InfoSight today!
- Democrats Circulate Bill to Rein in Stablecoins
February 3, 2022Congressional Democrats are crafting legislation that would establish the first federal rules and prudential backstops for stablecoins, according to draft legislation obtained by American Banker.
- Virginia Lawmaker Wants to Add COVID Vaccine Requirement to List of Workplace Discrimination Protections
February 3, 2022A proposed law seeks to prohibit public employers, schools and numerous other government organizations in Virginia from requiring individuals to obtain the COVID-19 vaccine.
- Fed Should Resist Re-Opening Debit Regulation, Durbin Changes
February 3, 2022Attempts to tighten Durbin Amendment regulations would make it increasingly difficult for financial institutions to provide robust core banking services, CUNA and other organizations wrote to the Federal Reserve this week. The letter was sent in response to the Fed’s recent proposal to re-open Regulation II, which covers debit card interchange fees and routing.
- CUNA Opens Registration for 'CUNA GAC On-Air'
February 3, 2022Credit Union National Association (CUNA) opened registration today for “CUNA GAC On-Air,” a limited-content, virtual option to attend the 2022 Governmental Affairs Conference (GAC). “CUNA GAC On-Air,” will include CUNA President/CEO Jim Nussle’s speech, the ED (Filene) talk with Mick Ebeling, an economic update with CUNA Chief Economist Mike Schenk, and more.
- Firm Timeline, Deadlines Needed for Blocked Call Codes
February 2, 2022The Federal Communications Commission (FCC) should require voice service providers to transition to the use of specific codes to notify callers of a blocked call, CUNA and other organizations wrote to the FCC Tuesday. This includes providing a specific date to use the required codes.
- Northwest Federal Wins an Energage 'Top Workplace' Award for the Third Year in Row
February 2, 2022 - A Crypto Breakthrough? Western States Consider Taking Digital Currency
February 2, 2022The dreams of crypto enthusiasts inched closer to reality in recent days as lawmakers in Wyoming and Arizona put forward proposals that would allow those states to accept tax payments in the form of digital currencies.
- Regulatory Alert (22-RA-01) Home Mortgage Disclosure Act Data Collection Requirements for Calendar Year 2022
February 2, 2022Credit unions that make residential mortgage loans and meet four other criteria must comply with the Consumer Financial Protection Bureau’s Regulation C, which implements the Home Mortgage Disclosure Act (HMDA).
- Cold, Winter Conditions Deliver Potential Office Safety Issues
February 2, 2022As colder winter weather reaches most parts of the country, credit unions need to be aware of safety hazards that could be introduced. As the weather changes, so do the risks to your credit union business. These risks can include slippery conditions – both inside and outside branch offices – and even the use of portable space heaters which can introduce serious fire and other safety hazards.