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The latest news from your League including upcoming events, essential information, compliance resources, operational information, and the latest credit union industry news.

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Latest News Posts

  • A Tale of Two Bills
    April 10, 2024

    The Virginia Credit Union League monitored dozens of bills during the 2024 General Assembly Session and worked with legislators on a half dozen or more to amend or defeat. While these bills often take different paths, they all have one thing in common, VACUL staff work tirelessly to deliver positive outcomes for Virginia’s 98 credit unions. This story examines the unique path taken by two bills worked on by the League.  

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  • NCUA Opening 2024 CDRLF Grant Round May 1
    April 10, 2024

    More than $3.4 Million is available; credit unions should review eligibility. Low-income-designated credit unions can apply for 2024 Community Development Revolving Loan Fund grants between May 1 and July 1.

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  • Governor Youngkin Signs SB436, Your League In Attendance
    April 10, 2024

    Virginia Credit Union League Interim President/CEO Karima Freeman had the opportunity to meet with Governor Youngkin today at the Lynchburg Regional Business Alliance, where he signed SB436. The meeting was attended by local legislators including Senators David Suetterlein (R-04) and Mark Peake (R-08), Delegates Wendell Walker (R-52) and Eric Zehr (R-51), former Delegate Kathy Byron, as well as many employers. The event was hosted by Megan Lucas, the CEO and Chief Economic Development Officer of the LRBA.

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  • REGular Blog: Weekly Roundup April 4th
    April 4, 2024

    Happy Thursday everyone! As we head into the weekend with the Final Four and Monday's eclipse, let's take a look back at some of this week's developments in our wild world of regulatory compliance!

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  • A Toast to Excellence: Recognizing JT Blau and CeJae Vtipilson’s AACUL Appointments
    April 4, 2024

    Your League is delighted to share the news of JT Blau and CeJae Vtipilson’s recent appointments to the AACUL Strategy Work Groups. As these work groups kick off their initiatives this April, JT and CeJae are set to bring their specialized knowledge to the forefront of credit union advocacy and strategy.

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  • Navigating New Cyber Reporting Requirements: What Virginia Credit Unions Need to Know
    April 4, 2024

    As the cybersecurity landscape continues to evolve, a significant regulatory update is on the horizon that our member credit unions need to prepare for. The Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA) has introduced a mandate requiring federally insured credit unions, those regulated by the NCUA included, to report certain cyber incidents and ransomware payments.

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  • VACUL Celebrates Exceptional Marketing Excellence of Virginia Credit Unions
    April 4, 2024

    The Virginia Credit Union League is thrilled to honor the remarkable marketing achievements of its member credit unions who have earned the distinguished Diamond Awards from the America’s Credit Unions (ACU) Marketing & Business Development Council. These awards signify the pinnacle of marketing innovation and showcase the effective campaigns that resonate within the credit union industry and with their communities.

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  • America’s Credit Unions’ 2024 Economic Forecast: Projections and Pathways for Credit Unions
    April 4, 2024

    Earlier this year, America’s Credit Unions released an economic forecast that offers a detailed look into the fiscal climate of 2024, providing valuable insights for credit unions to plan and strategize effectively. Here’s a streamlined breakdown of the economic indicators and what they mean for credit union operations...

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  • AI and Financial Fraud: A Treasury Warning and Our Path Forward
    April 4, 2024

    The landscape of financial fraud is undergoing a seismic shift, with artificial intelligence (AI) at the helm of this transformation. The U.S. Treasury's recent report throws into sharp relief how AI is not just a tool for progress but also a potent weapon in the hands of fraudsters, making financial fraud more sophisticated and harder to detect.

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  • Peoples Advantage FCU Named Diamond Awards Recipient Amid Record-breaking Competition
    April 4, 2024

    Peoples Advantage Federal Credit Union was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the Marketing & Business Development Council’s annual marketing excellence competition. 

    Peoples Advantage FCU received the following recognition: CUNA Diamond Award, Category’s Best for Corporate Rebrand with a $1,500 budget! 

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