The Global Women’s Leadership Network Virginia Sister Society is thrilled to announce a special leadership opportunity that promises to inspire, educate, and empower all of your dedicated employees. The Compassionate Leadership Series is available to you and your employees at no cost – that’s right it’s FREE!

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Apple Federal Credit Union President/CEO Andy Grimm was today appointed to the Consumer Financial Protection Bureau's (CFPB) Credit Union Advisory Council. "We're pleased to hear that Andy has joined CFPB's Credit Union Advisory Council and congratulate him on the appointment," said Virginia Credit Union League President/CEO Carrie Hunt. "Regulation that falls within the purview of the Bureau has a tremendous impact on operations and regulatory compliance at credit unions. The Council provides our industry a voice and the opportunity to offer our unique perspective on issues that impact our members and our ability to serve them."

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The Virginia League is excited to announce a new partnership opportunity that delivers C-Suite level leadership development training for credit union professionals. We've partnered Carolinas Credit Union League to offer their Leadership Development Institute (LDI), now in its seventh year, which empowers current and rising credit union leaders with modern strategies for developing leadership and critical thinking skills.

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ABNB Federal Credit Union welcomes Joseph D. Pennington, CPA, as its new Senior Vice President and Chief Financial Officer. Joseph will oversee the Finance, Accounting, Enterprise Risk Management and Operations departments.

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Last week the League hosted our CEO Summit in Charlottesville, VA. The Summit brings together CEOs from $100 million+ credit unions around Virginia, business partners, regulators and League staff to discuss challenges, best practices, and industry trends.

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League Director of Membership and Business Development Katie Bailey joined UVA Community Credit Union yesterday in Charlottesville to welcome NCUA Board Member Rodney Hood. Janine Williams (Vice President of Credit Union Affairs at UVA Community CU) and Belinda Tucker (COO of UVA Community CU) provided Board Member Hood with an overview of the credit union's services. Hood is on a 50-state tour visiting credit unions and state leagues as he approaches the end of his term as an NCUA board member.

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In a case of keen interest to the credit union industry, the Supreme Court today heard oral arguments in the case of Consumer Financial Protection Bureau v. Community Financial Services Association. The case came to the Supreme Court after a 5th Circuit Court ruled that the CFPB's funding structure was unconstitutional.

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While we were pleased to see Congress avert a shutdown of the federal government, we’re also quick to recognize we’re facing a fresh deadline for approval of appropriations measures for the coming fiscal year. Importantly, the risk that credit union-opposed legislation – specifically the Credit Card Competition Act (interchange bill) -- will find a way to advance via one of those measures remains extremely high. Your League continues its push this week to derail the CCCA with follow-up contacts to every member of our Congressional delegation.

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Chartway Credit Union President/CEO Brian Schools will be the featured speaker at the Tidewater Chapter's Oct. 12 meeting. Brian will chair the proposed transition board of America's Credit Unions, the new national trade association that will be created if the members of CUNA and NAFCU approve a merger of the two organizations. Brian's presentation will offer details of the merger proposal.

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Your League will monitor the long-awaited case before the U.S. Supreme Court that may well decide the future of the Consumer Financial Protection Bureau.

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