Latest News & VACUL Headlines
- NCUA Board Passes League-Supported Final Rule on Subordinated Debt; Board Also Addresses Impact of Recent Bank Failures
March 16, 2023The NCUA Board today passed its final rule on subordinated debt, while also addressing the recent bank failures that have caused some concern for the overall health of the nation’s financial system. “We’ve been keenly interested in adoption of the subordinated debt rule as an important tool to aid credit unions eligible to participate in Treasury’s Emergency Capital Investment Program,” said League President/CEO Carrie Hunt, who attended today’s NCUA Board meeting in-person. “The rule also provides additional flexibility for credit unions interested in pursuing subordinated debt and makes minor modifications that make the process easier and more appealing to credit unions.”
- Credit Unions Safe, Sound: Communication Resources Available for Recent Bank Failures
March 16, 2023Your League has a number of resources available to aid you in communicating with members about the safety and soundness of your credit union in the wake of recent failures in the banking industry, including talking points, a sample news release and a tool to help you maximize members' account insurance coverage.
- Register Now for Ask the Fed Webinar on the Bank Term Funding Program
March 15, 2023The Federal Reserve is hosting a webinar today, March 15, at 1 p.m. Eastern time on its New Bank Term Funding Program.
- Help Members Maximize Their Account Insurance
March 15, 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.
- League's Blau a Panelist on Nationwide CDFI Webinar
March 14, 2023League Chief Advocacy Officer JT Blau was a featured panelist on a Community Development Financial Institutions webinar hosted today by Inclusiv.
- ValleyStar Credit Union's Business Development Manager Selected for Financial Wellbeing for All Committee
March 14, 2023ValleyStar Credit Union’s business development manager, Rachael Williams, was selected to be a member of the Virginia Credit Union League’s (VACUL) Financial Wellbeing for All Committee to address financial participation, education and inclusion for the communities ValleyStar serves.
- IGNITE 2023 Keynote: The Strategic Imperatives Necessary to Future-Proof Your Credit Union
March 14, 2023From developing your talent pool to finding the right digital strategy, Mark Sievewright leverages decades of experience as an industry leader to offer a unique, insightful blueprint of what every credit union needs to address to ensure its longterm success!
- League Monitors Fall-Out from Bank Failures; Working with NCUA and Others
March 13, 2023The failures of Silicon Valley Bank and Signature Bank of News York will continue to have future policy ramifications as the Federal Reserve, Treasury and the FDIC took swift action to instill consumer confidence in the banking system. These actions may prompt members to ask questions about account insurance at credit unions.
- CU Directors: Registration Now Open for SE Regional Directors’ Conference
March 10, 2023Join us July 23-26 in Memphis, Tennessee for the Southeast Regional Directors Conference. This year’s conference features a full range of informative educational sessions on critical, timely issues related to the economy, lending environment, and more.
- Calling All Golfers, Sponsors: VACUPAC Classic Tees Off May 24
March 10, 2023Kickstart your IGNITE | Annual Meeting experience by hitting the links in the 34th Annual VACUPAC Golf Classic, being held May 24 in Williamsburg. Proceeds from the tournament support the Virginia Credit Union Political Action Committee (VACUPAC), the non-partisan PAC working for the benefit of all Virginia-based credit unions. You can support the tournament as a golfer, as a sponsor, and even better, both!