Latest News & VACUL Headlines
- Pages From the Diary of Mrs. C. Hunt - Aug. 31, 2021
August 31, 2021In her latest Diary post, League President/CEO Carrie Hunt spotlights Virginia credit unions' service to members of the military, important advocacy issues we're tracking, and the upcoming meet-and-greet event we're hosting in Washington! View it here!
- Waters Announces September House Financial Services Committee Schedule
August 31, 2021Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the following schedule for the month of September.
- Agencies Issue Guide to Help Community Banks Evaluate Fintech Relationships
August 30, 2021The federal bank regulatory agencies released a guide intended to help community banks assess risks when considering relationships with financial technology (fintech) companies. Credit unions may find the information helpful.
- Credit Quality at U.S. Credit Union, Small Banks Improves YOY in Q2
August 30, 2021Credit quality improved at U.S. community banks and credit unions in the second quarter as delinquencies remained muted and net charge-offs tumbled.
- Ignite2021 Keynoter Brandon Farbstein on 'Stepping Into Your Own Truth'
August 30, 2021We're pleased to welcome Brandon Farbstein as our Nov. 11 keynote speaker at Ignite 2021! We look forward to seeing you in Virginia Beach!
- CU PolicyPro: Effectively Create, Manage Your CU's Policies
August 30, 2021CU PolicyPro® includes more than 230 detailed model policies that can help your credit union manage today’s ongoing compliance and operational challenges. Developed and written especially for credit unions by legal and financial regulatory experts, CU PolicyPro is designed to be compliant with applicable regulations.
- Child Tax Credit Update: New Tool From IRS to Aid Families Receiving Paper Checks
August 30, 2021The Internal Revenue Service has issued a press release announcing a new feature allowing any family receiving monthly Child Tax Credit payments to quickly and easily update their mailing address using the Child Tax Credit Update Portal, found exclusively on IRS.gov.
- Treasury Proposes Amendments to Its ACH Rules
August 30, 2021The Department of the Treasury's Bureau of the Fiscal Service has published a proposed rule [85 FR 46631] in a recent Federal Register that would amend its regulations, Federal Government Participation in the Automated Clearing House (31 CFR part 210) to address changes that Nacha has made since the publications of its 2019 Operating Rules & Guidelines.
- League Compliance Newsletter (08/30/2021) Available
August 30, 2021The latest edition of your League's Compliance Newsletter is available here!
- Virginia Workplace Safety Regulators Agree to Let Businesses Follow CDC Pandemic Guidelines
August 27, 2021The state board that oversees workplace pandemic safety rules agreed to a slate of revisions Thursday, approving new language that will allow businesses to follow Centers for Disease Control and Prevention guidance in lieu of state regulations. Virginia was the first state in the country to institute workplace safety rules last summer, which give state inspectors the authority to investigate and discipline businesses that fail to take steps to protect their employees from COVID-19.