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The Advocate Blog

Congressmen Support Tax Exemption

Earlier this week League President Rick Pillow attended a fundraiser for Del. Kathy Byron, a Lynchburg delegate who sits on House Commerce and Labor. Her special guest was Congressman Bob Goodlatte (R-6), who told Pillow that he supports the tax exempt status for credit unions. We also read in the Eastman... More

Overdraft Price Study: CUs Still the Best Deal

The national average price for overdrafts (ODs) on checking accounts rose to $30 as of June, matching the national average charged by banks the past four years.  The cost of overdrafts has risen steadily since 2009, according to a new study, which shows credit unions again remain the best deal... More

Registration Opens for Sept. 25 Legislative Leadership Forum

This has been quite the year for political involvement! In Washington we have talk of our tax status in danger. On the state level, we have every House seat up for grabs, and election for all three statewide offices. Plus the League has re-launched our governmental affairs and VACUPAC programs.

To make... More

25th Annual VACUPAC Golf Tournament Tees Off Sept. 24

You can register for the Sept. 24 VACUPAC Golf Tournament and Sponsorship Opportunities Online!

This is the link you can use for all your VACUPAC golf needs: http://www.vacul.org/Education/League-Events-Calendar/VACUPAC-2013-Golf-Classic

Register today for the 25th annual VACUPAC golf tournament, to be... More

Aid Our Advocacy Mission: Report Your Micro-Lending Initiatives

Credit unions: We're again collecting your micro-loan data through our Reality Check survey. Basically, we're asking you to report information on loans you've made of $3,000 or less, excluding credit cards.

Please give us a hand and provide this data, which we use to support our advocacy efforts! Report... More

Miller Relief Bill Introduced In House

House Financial Services Committee Vice Chairman Gary Miller (R-Calif.) introduced long anticipated legislation today, H.R. 2572, that would provide regulatory relief for credit unions and community banks.
Miller's bill focuses on credit unions and topics discussed within its section range from such... More

League Represents Credit Unions at Annual Democratic Retreat

League President Rick Pillow and Senior Vice President David Miles are representing Virginia’s credit unions at the annual retreat of Democratic state senators and delegates.

Pillow reports that the League had good conversations on the links with Sen. Henry Marsh (Courts of Justice member), House Minority... More

Thank You, BayLands FCU, for Your DTMCU Participation!

BayLands reports that it has asked its Board to go through “donttaxmycreditunion.org” and send emails to our Senators and Congressmen. Staff have been asked to do the same. Members will be asked in the credit union’s newsletter this month.

The credit union reports that they have had at least... More

Credit Unions Meet with Cantor Staff with the Message: Don’t Tax Our Credit Unions!

Representatives from Virginia Credit Union… both staff and members … and staff from  Entrust and Chesterfield as well as the League  and the chairman of the League’s Governmental Affairs Committee met with two staffers from Rep. Eric Cantor’s district office in Glen Allen on Thursday... More

Tax Options Paper Gets CUNA 'Inside Exchange' Spotlight

The threat level of credit unions of tax reform--raised by the release June 13 of a "tax options" paper by the Senate Finance Committee--is explored in the latest episode of "Inside Exchange," the Credit Union National Association's video series of key legislative, regulatory and... More

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