Latest News & VACUL Headlines
- More COVID-19 Legal Developments
December 31, 2021The legal developments on COVID did not take a holiday in the nine days since our previous article. There have been significant developments with the various vaccine mandates, new CDC quarantine guidance, and changes to OSHA healthcare standards. Furthermore, the Supreme Court of the United States is set to weigh in imminently. Learn more
- CDC Cuts Isolation Time Recommended for People with Asymptomatic Coronavirus Infections
December 30, 2021Federal health officials on Monday shortened the recommended time Americans infected with the coronavirus should isolate from 10 days to five if they are asymptomatic — a decision they said was driven by a growing body of research about when people are most infectious. Learn more
- State Supreme Court Finalizes Legislative Districts
December 30, 2021The Supreme Court of Virginia announced Tuesday that it had unanimously approved legislative maps that will determine districts for the Virginia General Assembly and U.S. of Representatives.
- MCUEs: Credit Union Loans Increased 1% in October
December 23, 2021Credit union loans outstanding increased 1.0% in October, compared to a 0.6% increase in September of 2021 and a 0.2% increase in October of 2020 according to CUNA’s latest Monthly Credit Union Estimates.
- Brian Knight Selected as NASCUS President and CEO
December 23, 2021The National Association of State Credit Union Supervisors (NASCUS) has named Brian Knight as its next president and CEO, effective Jan. 1, 2022. NASCUS is the professional association of the nation’s 45 state credit union regulatory agencies that charter and supervise 1,975 state credit unions.
- Biden Extends Student Loan Payment Pause Through May 1
December 23, 2021President Biden extended the pause on federal student loan repayments by another three months as the U.S. faces a fresh wave of COVID-19 cases from the omicron variant, removing a near-term threat to millions of Americans’ finances. The move on Wednesday takes the moratorium on payments, interest and collections through May 1.
- NCUA Extends COVID-19 Regulatory Relief
December 22, 2021The NCUA board has unanimously approved, by notation vote, an extension of the effective date of its temporary final rule, which modified certain regulatory requirements to help ensure that federally insured credit unions remain operational and can address economic conditions caused by the COVID–19 pandemic. Read more
- DCUC Responds to Planned DoD Study of Financial Institutions on Military Bases
December 22, 2021The House Armed Services Committee has directed the Department of Defense to conduct a study on financial institutions on military bases.
- Woods Rogers: COVID-19 Legal Round Up and Looming 2022 Deadlines
December 22, 2021Our partner attorneys at Woods Rogers have compiled information on each of President Biden's three vaccine mandates and where they stand as of Dec. 21, 2021. Learn more
- Woods Rogers: Cybersecurity Case Holds Lessons for CUs
December 22, 2021Under Virginia law, businesses can assume a tort duty to protect personally identifiable information by representing to customers that they carefully safeguard this information. The Supreme Court of Virginia declined to determine whether this holding is correct but may need to revisit this question. In the meantime, businesses should carefully craft statements in privacy notices to avoid assuming a tort duty to protect personally identifiable information.