Latest News & VACUL Headlines
- Chartway Congratulates Two Leaders on Promotions
March 27, 2023Chartway is pleased to congratulate two team members on their recent promotions. Long-time team member, Mindy Estok, has been named senior vice president of member experience and project management. John Sapp has been promoted to senior vice president of data & business analytics.
- Arlington Community FCU, League Meet With Rep. Don Beyer
March 27, 2023Arlington Community Federal Credit Union's Karen Rosales (President/CEO) and Jim Wilmot (Chief Lending Officer) joined League Chief Advocacy Officer JT Blau for a meeting today with Rep. Don Beyer (D-8th) in Arlington. They discussed a wide array of issues during the course of the 30-minute meeting, including the recent failures of Silicon Valley and Signature Bank.
- Compliance: FinCEN Issues BOI Reporting Guidance
March 27, 2023The Financial Crimes Enforcement Network (FiNCEN) issued guidance Friday on its Beneficial Ownership Information (BOI) reporting rule, which is effective Jan. 1, 2024.
- Special Election March 28 for Virginia Senate's 9th District
March 27, 2023Voters in the state Senate's 9th District go to the polls on March 28 for a special election.
- CUs, League Celebrate Gov. Youngkin's Signing of Virtual Assets Custody Measure
March 24, 2023Gov. Glenn Youngkin yesterday signed credit unions’ virtual currency custody services bill into law, making Virginia among the first states to codify such authority for credit unions.
- Help Members Maximize Their Account Insurance; Training Webinars April 4, 6
March 24, 2023Help members maximize their share insurance! Our credit unions have access to the Account Insurance Estimator through League InfoSight to help communicate NCUSIF insurance coverage. Easily answer your members' questions about the availability of additional coverage.
- Vizo Financial President/CEO, David Brehmer, Announces Retirement in 2024
March 24, 2023Vizo Financial President/CEO, David Brehmer, has announced his plans to retire on January 5, 2024. Brehmer has spent 44 years in the credit union movement, 29 of which have been with the Corporate.
- Zest AI Hosting April 12 Webinar: Proven AI Underwriting for Smaller Credit Unions
March 23, 2023This webinar is a great opportunity for smaller credit unions (less than $300 million in asset size) to learn more about AI and how utilizing machine learning can improve efficiency and fair lending to their members!
- Leagues, CUNA to Co-Host Small CU Conference in September
March 23, 2023Coming this September: Your League is proud to co-present the Southeast Small Credit Union Conference! Curated specifically for the executives and board members of smaller shops, this low-cost event will focus heavily on generating income, loan-growth strategies, improving your bottom line, and ROA. Early bird registration closes July 14.
- NCUA: Simplified CECL Tool Updated for March 31, 2023
March 23, 2023The National Credit Union Administration today released the March 2023 update of its Simplified CECL Tool. With this update and future quarterly updates of the Simplified CECL Tool, a credit union can use the CECL to estimate its allowance for credit losses on loans and leases. Quarterly updates will be provided so a credit union can incorporate them before its books are closed and before it submits the NCUA’s Call Report.