Latest News & VACUL Headlines
- Credit Unions, League Host Meeting With Longtime CU Champion Rep. Gerry Connolly
May 2, 2023Credit union advocates joined the League on Monday for a virtual meeting with longtime credit union supporter, Rep. Gerry Connolly (D-11th).
- Tidewater Chapter to Honor Education Scholarship Winners May 11
May 2, 2023The Tidewater Chapter will recognize the 2023 Leigh Ann Graham Scholarship winners on May 11. For more than three decades, the Chapter's scholarship program has helped high school and college students pursue their educational dreams. It is named in honor of Leigh Ann Graham, a dedicated 20-year volunteer for the Tidewater Chapter, who worked tirelessly to support the Chapter's scholarship initiatives and charitable giving.
- Sponsors Needed By May 10 for VACUPAC Golf Challenge, Lunch at Williamsburg Winery
May 2, 2023Sponsorships are critical to the success of the VACUPAC Golf Challenge and our inaugural VACUPAC Wine-Tasting and Networking Lunch! Please consider supporting our advocacy work through your sponsorships!
- Register Now for NCUA’s May 18 Webinar on Elder Financial Abuse
May 2, 2023In recognition of Older Americans Month, the NCUA is partnering with the AARP and the CFPB to host a May 18 webinar that addresses how society views and talks about financial crimes against older adults.
- FDIC Weighs Change to Deposit Insurance Policy; League Monitoring Issue
May 2, 2023The FDIC is considering options to overhaul its deposit insurance coverage. As part of its analysis of the deposit insurance system, the FDIC outlines three options for deposit insurance reform in a report released this week. Your League is monitoring this issue, noting the need for parity between FDIC and NCUSIF coverage, as well as the need for careful consideration on the part of Congress in terms of both risks and financial costs in restructuring deposit insurance.
- ABNB Federal Credit Union Holds 63rd Annual Meeting
May 2, 2023ABNB Federal Credit Union held its 63rd Annual Business Meeting on April 25, 2023, and reinforced its commitment to serving members’ financial needs and giving back to the communities where it conducts business.
- League Praises House Committee Passage of CFPB Reforms
April 28, 2023Your League was pleased to see the House Financial Services Committee on Wednesday pass long-supported measures to bring more congressional oversight to the Consumer Financial Protection Bureau.
- SAFE Banking Act Reintroduced in Congress; Measure Remains on League's Legislative 'Watch List'
April 28, 2023A measure to provide protections for financial institutions serving cannabis-based business in states where it is legal has been reintroduced in both the U.S. House and Senate. A longtime priority for the financial services industry, this measure has garnered significant bipartisan support in previous sessions of Congress, but never enough to win passage by both chambers.
- Credit Unions Join League for Virtual Meeting with Congresswoman Spanberger
April 28, 2023Credit union advocates from Apple Federal Credit Union, CommonWealth One Federal Credit Union, Topside Federal Credit Union, and UVA Community Credit Union joined the League in a virtual meeting with U.S. Rep. Abigail Spanberger (D-7th) on April 28.
- League Writes Congress in Support of Restructuring CFPB From Single-Director to 5-Member Commission
April 25, 2023Your League today wrote key members of the House Financial Services Committee to express our support for transitioning the Consumer Financial Protection Bureau’s leadership structure from the current single-director model to a multi-member commission.