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The Advocate Blog

League, CUs Push for MBL Support on House Side; Congressmen Generally Supportive of Fair Exams Bill

League representative Karin Sherbin continued the mini-hike on the House side, joined by Board member Stan Leicester of BayPort at the meeting with the banking aide of his own Congressman, Rob Wittman. BayPort does MBL, and Leicester talked of demand and how some of their members were unable to get capital... More

We’re Starting the GAC with a Mini-Hike the Hill

The Credit Union National Association’s Governmental Affairs Committee starts full-blown today, and your League and credit union advocates are taking advantage of a day in Washington to visit legislative aides to brief them on our issues before Wednesday’s Congressional Luncheon (and before the bankers... More

Get Your Federal Briefing Material Here!

Going to the Congressional Luncheon, or just want to stay on top of everything? You can get a summary of our federal issues at the League’s governmental affairs web page. Click here: http://www.vacul.org/advocacy/gov_affairs/index.php and then click on the link for federal issues under Congressional... More

Senate Majority Leader Reid Pledges Vote on MBL; Contact Sens. Webb and Warner and Urge Their Support

U.S. Senate majority leader Harry Reid (D-Nev.) and Sen. Mark Udall (D-Colo.) both spoke in the Senate floor Thursday in favor of legislation to increase the credit union member business lending (MBL) cap.

Reid indicated that he has been working with Udall to attach the MBL bill to a pending small business... More

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

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