In advance of a markup session today, the Credit Union National Association and a coalition of partners sent a letter of support to lawmakers for "The Innovation Act of 2013" (H.R. 3309), which intends to help clean up a scourge known as "patent trolls." League President Rick Pillow... More
Washington Post: Cuccinelli Says He’ll Return To Private Practice, But Is that All?
In his first interview since Democrat Terry McAuliffe defeated him to become the state’s 72nd governor, Cuccinelli (R) said Monday that although he has no current plans to run, he finds the idea of challenging Sen.... More
Federal legislation that would allow credit unions and other financial institutions nationwide to offer prize-linked savings accounts (PLS) was introduced in the U.S. House and Senate this week.
CUNA has an overarching concern that the QM/QRM should never become the only type of mortgage that regulators will permit or that the secondary market will accommodate.
A prominent credit union executive from Virginia called on Congress Tuesday to undertake major changes to ease the authority of the fledgling Consumer Financial Protection Bureau over credit unions and banks.
"I cannot emphasize enough how burdensome and costly the unnecessary and duplicative compliance... More
Credit unions were well represented at the Saturday women’s forum held in Richmond under the auspices of Sen. Mark Warner.
Warner hosts the annual event in order to provide information and inspiration to women to help them improve their lives.
League Senior Vice President David Miles sat at the... More
"Financial institutions of every size have been targeted by non-practicing entities (NPEs), often referred to as patent trolls, who in most cases assert low-quality business method patents through vaguely worded demand letters," the letter said.
The letter thanked Rep. Bob Goodlatte (R-Va.)... More
The totals are now in, and the Richmond Chapter reports that its second annual Casual for a Cause Day held on International Credit Union Day raised $2,125 for VACUPAC.
Well done Richmond! Eight credit unions participated, and two reached 100% participation among staff members. They were Entrust Financial... More