Latest News & VACUL Headlines
- League's Partner Attorneys Assume New Leadership Roles for Virginia Bar Association
January 25, 2022Two attorneys familiar to Virginia's credit unions have been elected to leadership positions with the Virginia Bar Association.
- Register Now for NCUA’s Feb. 10 Call Report Changes Webinar
January 25, 2022Credit unions can get valuable information on changes to the NCUA’s Call Report Form 5300 during an upcoming webinar hosted by the NCUA on Thursday, Feb. 10.
- Senate Bill on COVID Vaccinations, Discrimination Fails in Committee
January 25, 2022A bill of keen interest to the League and credit unions related to COVID vaccinations has failed in the Senate Commerce and Labor Committee.
- League Offers Comments On NCUA's Draft Strategic Plan
January 25, 2022Your League on Monday filed comments on the National Credit Union Administration's draft strategic plan.
- Compliance: 2021 Year in Review; Checklist Now Available
January 24, 2022CUNA’s Compliance team has released its annual 2021 Year in Review and checklist, which covers all rules and amendments affecting credit unions issued in the last year.
- NCUA Chairman Todd M. Harper Message to the NCUA’s Employees on the Agency’s Accomplishments in 2021
January 24, 2022In a letter to NCUA employees, Chairman Todd M. Harper notes the agency's accomplishments in 2021.
- NCUA Board's Jan. 27 Meeting to Include Briefing on COVID Relief Legislation
January 21, 2022The NCUA board will be briefed on the expiration of COVID-19 related legislation and propose a rule on succession planning at its Jan. 27 meeting. The meeting is scheduled to begin at 10 a.m. ET and will be streamed live on NCUA.gov.
- ‘Archaic’ Restrictions Prevent CUs from Empowering Rural Communities
January 21, 2022Credit unions are eager to be a rural community lending partner, but archaic charter and field-of-membership restrictions prevent most from helping those communities, CUNA wrote to the House Agriculture Committee Thursday. Rural credit unions serve 9.7 million members – over one-fifth of the nation’s rural population.
- Consumer Reports Will Give Financial Apps Same Scrutiny It Gives Appliances
January 21, 2022Consumer Reports is preparing to test consumer finance apps with the same rigor it applies to its evaluations of washing machines and mattresses.
- State Senate Passes CUs' 'Secondary Capital' Bill
January 21, 2022Our secondary capital bills continue to advance in the General Assembly, with the state Senate voting unanimously today to pass SB326. Companion bill HB268 is on the House floor and looks to pass that chamber next week. The legislation would fix the Virginia statute so that the NCUA’s Subordinated Debt Rule will not be in conflict with the Virginia Code.