Eighty people at the Richmond Chapter’s legislative breakfast this morning heard keynote speaker Sen. John Watkins detail the state’s challenges in the near and long-term.
Watkins, who recently announced he is not running for re-election in 2015, chairs the Senate’s Commerce and Labor Committee,... More
The U.S. Senate just passed the Credit Union Share Insurance Fund Parity Act, which would direct the National Credit Union Administration to extend share insurance coverage to trust accounts, such as Interest on Lawyer Trust Accounts (IOLTAS) and other similar accounts, opened and managed by credit... More
FYI on Washington Doings: This week your League has been in touch with the banking aides for Sen. Mark Warner, who serves on the Senate’s Banking Committee. On one issue, the Warner staff asked if the League supported a bill that would allow privately insured credit unions access to the Federal Home... More
Senate lawmakers pressed government officials about whether they’re doing enough to protect the financial system from cyberattacks on Wednesday, warning that more must be done next year to help financial institutions defend themselves.
The issue has gained considerable traction over the past year since... More
The U.S. House of Representatives' planned recess the week of CUNA's Governmental Affairs Conference is forcing your League to revamp our plans. As you know, we have traditionally hosted our Congressional Luncheon during the week of the GAC. With the planned recess, we've decided instead to invite lawmakers... More
The Southside Chapter's 8th Annual Golf Tournament, held in September, at the Cardinal Golf Course on Fort Lee, raised more than $21,000 to support the Children’s Hospital of Richmond at VCU (a Children's Miracle Network Hospital) and the Virginia Credit Union Political Action Committee (VACUPAC).... More
National Credit Union Administration Board Chair Debbie Matz announced recently that she will ask the board to consider a revised version of the risk-based capital proposal at its Jan. 15 open board meeting. Matz also said a 90-day public comment period would likely follow.
"During the six months... More