Latest News & VACUL Headlines
- Three Virginia-Based CUs Among CDRLF Grant Recipients
September 2, 2021Three Virginia-based credit unions are among the recipients of NCUA's Community Development Revolving Loan Fund grants: Mosaic Federal Credit Union, Mountain Empire Federal Credit Union and Peoples Advantage Federal Credit Union.
- Fraud Trend Update: Webinar Slated for Sept. 23
September 2, 2021This Sept. 23 installment of the FISERV Webinar Series will focus on the current debit/credit fraud trends being seen across the industry. Register for this free event.
- League Hosting Virtual Meeting Sept. 9 with CFPB Staff
September 1, 2021Your League has scheduled a virtual meeting with staff members at the Consumer Financial Protection Bureau for Sept. 9 at 1 p.m.
- Credit Union Leaders Make Virginia Business Magazine's Prestigious 'Power List'
September 1, 2021Five credit union leaders from across the Commonwealth appear in Virginia Business Magazine’s Virginia 500 Power List!
- CFPB Issues Proposal to Collect Small Business Data; League Seeks Member Feedback
September 1, 2021Your League recognizes the agency's statutory mandate to promulgate this rule. However, we urge the agency to minimize this rule's regulatory impact on credit unions.
- FinCEN to Host Innovation Hours Program Workshop on Digital Identity Services and Technologies
September 1, 2021The Financial Crimes Enforcement Network (FinCEN) will host a special virtual FinCEN Innovation Hours Program on October 14, 2021, focusing on the important role of digital identity to enhance financial services inclusion while supporting efforts to counter illicit activity that undermine the integrity and opportunity of the US financial system. Learn more
- CFPB Withdraws Proposal to Delay Debt Collection Rules
September 1, 2021The Consumer Financial Protection Bureau (CFPB) Wednesday withdrew its April proposal to delay the effective dates of its debt collection rules by 60 days.
- Take Action: Tell Congress to Oppose New IRS Reporting Provisions
September 1, 2021We issued an action alert this week calling on credit union leaders to oppose new Internal Revenue Service reporting provisions that would require financial institutions to report additional detailed account holder information.
- House Committee to Begin Markup of NDAA
August 31, 2021The House Armed Services Committee will begin its markup of the National Defense Authorization Act (NDAA) for fiscal year 2022 Wednesday at 10 a.m. Your League and other industry partners have pushed lawmakers to reject any proposed language that would require DoD to treat for-profit banks the same as credit unions when it comes to leases and lease costs for on-base branches.
- League InfoSight Features Required Training Checklist
August 31, 2021Just a reminder that League InfoSight features a handy checklist outlining required compliance training for credit union employees and officials.