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The Advocate Blog

Congress to Banks: Admit You've Been Hacked!

Banks have lost so much consumer information to hackers this year that two members of Congress are asking them to come clean with the extent of the damage.

Tuesday morning, 16 financial institutions received letters from Sen. Elizabeth Warren and Rep. Elijah E. Cummings asking them to admit that they... More

We Need You! Recruitment for Smart Credit Check Launch Continues

Want to serve as a pilot site for the Smart Credit Check rollout in January? Of course you do! Learn more about the program through our archived webinar. (It will look like you are registering for the webinar, but simply enter the required information and you'll be directed to the archived video.)... More

Credit Union House of Virginia Construction Shifts Into High Gear

We're thrilled to report that renovation/construction work at the Credit Union House of Virginia and the League's Richmond office has been progressing quickly the past couple of weeks. Work began in earnest about three weeks ago. The basement level cut-throughs have been completed, connecting all four... More

League-Backed Candidates Win on Election Day!

Although the race for the U.S. Senate seat is still technically up in the air, it's likely all the federal candidates on the general election ballot supported by the League won their elections on Tuesday.

The League had endorsed and contributed money to U.S. Sen. Mark Warner (D-VA) as well as Congressional... More

Don't Forget to Vote Today!

As a reminder, your League has formally endorsed three candidates this year:

  • Sen. Mark Warner in the U.S. Senate race.
  • Former Lt. Gov. Don Beyer, who is running for the 8th Congressional District seat. He hopes to replace the retiring Jim Moran.
  • Barbara Comstock, who is seeking the 10th Congressional... More

Registration Open: 2015 CUNA Governmental Affairs Conference

Join other credit union executives, board members and game-changers at the 2015 CUNA Governmental Affairs Conference.

Visit gac.cuna.org for more information and to register.

League President Pillow Meets with Candidate for 7th House District Seat

League President Rick Pillow met yesterday with Dave Brat, the Republican candidate for the 7th House District.

Brat toppled House Majority Leader Eric Cantor earlier this year in a primary. Pundits put Brat ahead in the race against Democrat Jack Trammell in the heavily Republican district.

Brat has visited... More

CU Days Are Coming Soon! Chapters, Set Your 'Day at the General Assembly'

The leaders of credit union chapters are busy now setting dates for when their groups will visit area lawmakers when the 2015 General Assembly convenes.

The session begins Jan. 14 and runs 45 days. To date, two chapters have reserved dates for their visits: Roanoke Valley on Jan. 20 and NoVA on Jan. 21.... More

Election 2014: CU at the Polls!

CU at the polls next Tuesday! Hard to believe Election Day is right around the corner, and as a reminder, your League has formally endorsed three candidates this year:

  • Sen. Mark Warner in the U.S. Senate race.
  • Former Lt. Gov. Don Beyer, who is running for the 8th Congressional District seat.... More

Federal Regulators Approve Final QRM Rule

Federal regulators have approved a final qualified residential mortgage (QRM) rule, which requires investment banks to hold at least 5% of a loan's risk on their books when securitizing loans unless the loans meet the definition of a QRM. The rule also more closely aligns the definition of QRM with the... More

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