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The Advocate Blog

ICBA Targets Credit Union Tax Exemption, MBL Cap in 2012 Priorities

Credit unions still stick in the craw of community banks, based on the priorities for the coming year the Independent Community Bankers of America announced Tuesday at its annual convention in Nashville, Tenn. One of its seven priorities is titled “Stop Unfair Tax-Exempt Credit Union Power Grab,”... More

King, Sherman Introduce CU Capital Bill

In a bill the Credit Union National Association (CUNA) says will enhance the safety and soundness of the credit union system, Reps. Peter King (R-N.Y.) and Brad Sherman (D-Calif.) have proposed to permit the National Credit Union Administration (NCUA) to allow credit unions to accept additional forms... More

General Asssembly Updates

We’ve updated the long list of bills we’re carefully monitoring in the 2012 General Assembly session. See the lists here:http://www.vacul.org/advocacy/gov_affairs/state/ga12_bills.php.

It’s mostly good news to report from Richmond: Not only have legislators unanimously approved our twin bills on... More

NoVa Chapter Wraps Up CU Days at the General Assembly with Marathon Sprint!

Advocates shared stories of their small, low-interest loans helping members with House Democratic Caucus Chairman Mark Sickles. From left to right: Gaye DeCesare, David Woodruff, Del. Sickles, and Mike Ligon.

Ten members of the NOVA chapter took on the assignment Wednesday morning of stopping by the offices... More

Thanks for Making CU Day Events a Success! We Couldn’t Do It Without You!

Many thanks to all the credit union champions for making their way to Richmond during the past two weeks for our Credit Union Day events. Our visits do make a difference! We’ve been praised for the reasonable position we took … Continue reading →

Lynchburg Chapter Spreads the CU Message During Visit to the General Assembly

The Lynchburg Chapter had its day in Richmond Monday, with members of Beacon CU telling delegation members thank you for their support of the state chartered credit union bylaw bill and noting how Beacon helps its members with special hands-on services.

Beacon CEO Greg McConville, joined by Beacon staff... More

Roanoke Valley, Southwestern Va. Chapters Made Tuesday a CU Day at the General Assembly

Fifteen credit union advocates from the Roanoke Valley and Southwest chapters made Tuesday their CU Day at the General Assembly, visiting their legislators and raising awareness of credit unions everywhere with our trademark red scarves.

Advocates met with legislators and/or their aides from the following... More

Richmond Chapter Sweeps through General Assembly Building Wednesday for its CU Day

Twenty five representatives of the Richmond Chapter took their turn at CU Day on Wednesday, trekking through the halls of the General Assembly over the course of three hours to talk to 22 legislators or their aides about the credit union message. Appointments were made with the following legislators,... More

General Assembly News & Notes

Virginia’s Foreclosure Bills Go Down

We get this report from our lobbying firm about the foreclosure bills we’ ve been monitoring: “House Courts Civil subcommittee met yesterday and dispatched all the foreclosure bills. The homeowner association priority lien bills are up (Thursday) afternoon... More

The Good News From Richmond Continues: All But One Priority Lien Bill Essentially Axed; Remaining Bill Faces Uphill Struggle

Breaking news from the General Assembly: All but one of the homeowner association priority lien bills considered  this afternoon in the House General Laws Housing subcommittee have been tabled, reports League President Rick Pillow from Richmond.

This continues the good news for credit unions... More

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