The "Overdraft Protection Act," cosponsored by 46 lawmakers including the House Financial Services Committee's two top Democrats, Reps.... More
A Senate version of legislation that would make significant improvements in privacy notices for consumers could be introduced in the near future, perhaps as early as this week, Credit Union National Association Senior Vice President for Legislative Affairs Ryan Donovan noted on Monday.
The bill is expected... More
The National Credit Union Foundation (NCUF) is inviting credit union organizations to hold a “Financially Fit Day” on April 3, 2013 to kick off National Financial Literacy Month. This fundraising day is part of a relatively new campaign, titled “Credit Unions Support Financial Education: Leading... More
The House Financial Services subcommittee on financial institutions and consumer credit Wednesday conducted a "state of the community banking industry" hearing that looked into the causes of the 414 bank failures that occurred from 2008 through 2011.
Congress has not required any similar study... More
League President Rick Pillow introduced Majority Leader Rep. Eric Cantor at CUNA’s Governmental Affairs Conference on Wednesday.
The U.S. Congress could learn much from credit unions, House Majority Leader Eric Cantor (R-Va.) suggested in a Wednesday speech at the Credit Union National Association’s... More
Sen. Warner, House Majority Leader Cantor & Other Delegation Members Address CU Advocates at Congressional Luncheon
More than 120 credit union advocates from around the Commonwealth converged in Washington Wednesday for the League’s annual Congressional Luncheon.
Most of Virginia’s delegation members attended the event, although two attendees … Reps. Bobby Scott (D-3) and Jim Moran (D-8) …... More
WASHINGTON – Congressman Gerry Connolly joined members of the Virginia Credit Union League at their annual Capitol Hill luncheon for Virginia’s congressional delegation. In his comments, Connolly praised the credit unions for their growth in membership and lending and cited their positive impact... More
Your League’s Karin Sherbin wrapped up two days of visiting with legislative aides in every single office of our Virginia delegation.
Thanks to Gary Tucker of Eastman Credit Union and David Woodruff, formerly of Commonwealth One and still a Wittman constituent, for attending the meetings with... More
We thank all the credit union advocates who helped with our General Assembly efforts this year.... More
Two key pieces of legislation that would enhance the credit union charter were introduced in the U.S. House last Thursday: One bill (H.R. 688) would address the credit union member business lending (MBL) cap, and another (H.R. 719) would improve credit unions’ access to secondary capital.