Latest News & VACUL Headlines
- CEO FORUM Set for Oct. 20; Registration Open!
September 15, 2021This year's CEO Forum will be held as a one-day, in-person event on Oct. 20, at Credit Union House in Richmond. Learn more!
- League Engaged on Vaccine Mandate; Resources Available to Aid CUs
September 15, 2021In light of last week’s announcement from the Biden Administration to mandate vaccinations for employers with 100 or more employees, your League has been actively engaged in dialogue on this issue with policymakers, including the Department of Labor and trade association partners. Our partner attorneys at Woods Rogers have also provided two articles that will aid credit unions as they plan for and carefully consider their next steps.
- Study Looks at Benefits of the CU Federal Tax Exemption
September 14, 2021Removing the tax exemption of credit unions would reduce tax revenue by $56 billion and reduce economic activity by $120 billion over the next decade, while eliminating nearly 80,000 jobs per year that span, according to an independent study commissioned by NAFCU.
- Reps. Cline, Wittman Sign Onto Letter Expressing Concerns Over IRS Reporting Proposal
September 14, 2021Reps. Ben Cline (R-6th) and Rob Wittman (R-1st) have signed onto a letter by Rep. Tom Emmer (R-Minn.) to Congressional, Treasury, and Internal Revenue Service (IRS) leaders Monday expressing concerns over a proposal that would require increased reporting to the IRS from financial institutions.
- Action Alert: Write Lawmakers on Interchange; Talking Points, Issue Overview Now Available
September 14, 2021Write your lawmakers now and urge them to maintain the current interchange system that protects cards and keeps the economy flowing. Interchange talking points and issue overview now available.
- Credit Unions Step Up Efforts to Hire People of Color
September 14, 2021Credit unions are examining how they address diversity and inclusivity in their hiring and retention practices, and the widespread protests of racial inequity that erupted over the past year have amplified those efforts.
- Marketing Workshop Features Sessions on Advertising Compliance, Digital Marketing
September 13, 2021Join us Oct. 13 and 14 for the League Marketing Workshop, now a virtual event, for sessions on advertising compliance, strategic planning, digital marketing and more!
- League Compliance Newsletter (09/13/2021)
September 13, 2021The latest edition of our Compliance Newsletter is posted here! This issue details our meeting with CFPB; our call-to-action on proposed IRS Reporting provisions, our Marketing Workshop's session on advertising compliance and a training opportunity for mortgage lenders!
- League Hosts Meeting With CFPB
September 13, 2021Last Thursday, your League hosted a virtual meeting with staff members of the Consumer Financial Protection Bureau. In a wide-ranging discussion, credit union and League participants covered a host of topics, including pandemic relief measures, proposed regulation and consumer protections related to mortgage lending.
- Biden Administration Issues Vaccine Mandates
September 10, 2021The Biden administration's new vaccine mandates put every American company with 100 or more employees in the same boat: All must get tough on their workers. And although the Biden administration's vaccine rule doesn't apply to small businesses, it could give some of them cover to mandate vaccines as well.