Beginning January 2, 2025 the Virginia Credit Union League and The League of Southeastern Credit Unions and Affiliates have formed one unified organization: The League of Credit Unions and Affiliates. Please visit the-league.coop to view our new site.

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ADVOCACY

Your fierce and focused advocate, representing your interests in Washington and Richmond.

COMPLIANCE

Thought leadership and resources to help you stay one step ahead of the regulators.

EDUCATION

Training and professional development to make you more productive, more promotable and more invested in your credit union’s success.

NEWS

Timely, relevant news, insights and information to help better navigate today’s ever-changing financial services marketplace.

SOLUTIONS

Your first stop to save money and time on the products and services that matter to your members and your success.

News

  • League Comments on CFPB's Move to Ban NSF Fees on Real-Time Payments
    January 25, 2024

    The Consumer Finance Protection Bureau yesterdayday proposed what it characterized as a “proactive step” to prevent financial institutions from charging fees for transactions that are instantaneously declined. "CFPB continues to target legitimate fees that enable not-for-profit credit unions to cover the costs of doing business as they serve their members under the guise of consumer protection. We will vigorously oppose measures like this NSF fee ban, as well as the Bureau’s recent proposal on overdraft programs because both threaten our ability to operate in a free market system," said League President/CEO Carrie Hunt.

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  • REGular Blog CFPB Rulemakings - Overdraft and NSF Fees
    January 25, 2024

    Yesterday, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule designed to eliminate NSF Fees. This rule comes on the heels of last week's proposed rule targeting overdraft fees charged by very large financial institutions. Let's take a look at the rules and their possible impact on credit unions here in Virginia.

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  • REGular Blog: NCUA Releases 2024 Supervisory Priorities
    January 23, 2024

    The NCUA has released its Supervisory Priorities list for 2024. Every year, this list provides some insight into what areas the agency is paying close attention to in their examinations, rulemakings, and other actions. Seeing what items move up to the top, down to the bottom, or come off the list entirely gives us some idea of the NCUA's priorities for the coming year.

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