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The Advocate Blog

League Contacts Warner's Staff on Number of Legislative Issues

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

League Webinar Offers Overview of BFI Restructuring

Commissioner Joe Face is restructuring the Bureau of Financial Institutions, owed to the passing of Werner Paul and the recent retirements of two other Deputy Commissioners.

[LEARN MORE] (password for the League website required; register here if you need one.)

Senate Banking Panel Tees Up Future Action on Cybersecurity

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

League to Host Congressional Reception on March 10

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

Southside Chapter's Golf Tournament Raises Over $21,000 for CMN Hospitals, VACUPAC

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

Matz: Revised RBC Rule Could Be Unveiled Jan. 15, 90-Day Comment Period to Follow

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

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

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