Latest News & VACUL Headlines
- FFIEC Announces Availability of 2022 Data on Mortgage Lending
June 29, 2023The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2022 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,460 U.S. financial institutions, including banks, savings associations, credit unions, and mortgage companies.
- Letter to Credit Unions (23-CU-05) Commercial Real Estate Loan Accommodations and Workouts
June 29, 2023The National Credit Union Administration (NCUA), along with the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC) (collectively “the agencies”), in consultation with state bank and credit union regulators, are issuing the enclosed interagency Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts (Statement).
- NCUA Extends CDRLF Grant Deadline to July 7
June 29, 2023The National Credit Union Administration has extended the deadline for applying for 2023 Community Development Revolving Loan Fund grants to July 7.
- Langley FCU Announces 2023 Jean M. Yokum Scholarship Winners
June 27, 2023Six deserving college-bound members of Langley Federal Credit Union will receive Jean M. Yokum College Scholarships, named after the credit union’s former president and CEO.
- Vizo Financial Announces Board Officers Following 2023 Annual Meeting
June 27, 2023Vizo Financial Corporate Credit Union held its 2023 Annual Meeting on June 21, 2023. The event was live-streamed, and members were invited to participate virtually to hear executive/board reports and appointments to the Corporate’s board of directors.
- June 30 Deadline: Get Recognized for Your Good Works in Community Involvement, Financial Education and Member Service
June 26, 2023Your League and CUNA want to recognize and honor your good work in serving your members, bettering your community, and arming individuals with the knowledge they need to successfully manage their finances.
- Reminder: 2023 CDRLF Grant Round Closes June 30
June 26, 2023Low-income and MDI credit unions have four more days to submit applications for Community Development Revolving Loan Fund grants. All the necessary information a credit union needs to apply is available on the Grants page of the agency’s website, NCUA.gov.
- DCCU Board of Directors Appoints New Chair
June 23, 2023DuPont Community Credit Union’s Board of Directors has a new Chair, its first in 17 years. At its April meeting, DCCU’s Board of Directors elected officers for the upcoming year. Angela M. Simonetti, who has held the role of Vice Chair since 2021, was elected Chair.
- Regulatory Compliance Weekly Roundup: June 23, 2023
June 23, 2023Here are a few notable highlights of what happened this week in the world of regulatory compliance, including actions by the NCUA and CFPB. Plus, an upcoming CFPB webinar (June 28) will benefit any credit union involved in business lending.
- Registration Open for NCUA DEI Summit Nov. 1-2
June 22, 2023Registration is now open for NCUA’s fourth summit focused on diversity, equity, and inclusion (DEI). The in-person event will take place November 1–2, 2023, at the Hilton Washington D.C. Capitol Hill.