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The Advocate Blog

House Member Writes Treasury that FACTA Too Much for Small Financial Institutions

A House Financial Services Committee member, Rep. Bill Posey (R-Fla.), said in a recent letter to Treasury Secretary Jack Lew that regulations that would require U.S. credit unions and banks to collect information on interest paid to nonresident aliens, and to report that information to regulators, would... More

Congressmen Support Tax Exemption

Earlier this week League President Rick Pillow attended a fundraiser for Del. Kathy Byron, a Lynchburg delegate who sits on House Commerce and Labor. Her special guest was Congressman Bob Goodlatte (R-6), who told Pillow that he supports the tax exempt status for credit unions. We also read in the Eastman... More

Overdraft Price Study: CUs Still the Best Deal

The national average price for overdrafts (ODs) on checking accounts rose to $30 as of June, matching the national average charged by banks the past four years.  The cost of overdrafts has risen steadily since 2009, according to a new study, which shows credit unions again remain the best deal... More

Registration Opens for Sept. 25 Legislative Leadership Forum

This has been quite the year for political involvement! In Washington we have talk of our tax status in danger. On the state level, we have every House seat up for grabs, and election for all three statewide offices. Plus the League has re-launched our governmental affairs and VACUPAC programs.

To make... More

25th Annual VACUPAC Golf Tournament Tees Off Sept. 24

You can register for the Sept. 24 VACUPAC Golf Tournament and Sponsorship Opportunities Online!

This is the link you can use for all your VACUPAC golf needs: http://www.vacul.org/Education/League-Events-Calendar/VACUPAC-2013-Golf-Classic

Register today for the 25th annual VACUPAC golf tournament, to be... More