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CURRENT Newsletter | February 14, 2023

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Happy Valentine's Day! Thank you, credit unions, for doing all you do to show you love your members and care about your communities!

NOTE: Your League's office will be closed Feb. 20 for Presidents Day. Have a wonderful and safe holiday weekend!

State Senate Committee Passes CUs' Virtual Currency Custody Services Bill

The state Senate Commerce and Labor Committee today unanimously passed a substitute version of HB1727, credit unions’ virtual currency custody services bill. The bill moves to the Senate floor for consideration.

“We’re pleased that our bill continues to enjoy such strong support among lawmakers and we’re grateful to Del. Chris Head for carrying the bill,” said League President/CEO Carrie Hunt. “That support for our bill is the direct result of our advocacy efforts prior to the session and the good work of member credit unions on Credit Union Day. We continue to engage with lawmakers to ensure our bill’s final passage and enactment.”

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As Election Day for 4th Congressional District Seat Nears, CUs, League Meet with McClellan

Representatives from eight credit unions joined the League last Friday on a call with state Sen. Jennifer McClellan, the favorite in the race to win Virginia’s 4th Congressional District seat. Voters go to the polls next Tuesday (Feb. 21) to decide the race between McClellan and Republican Leon Benjamin.

“This was an opportunity for credit unions to share the ‘Credit Union Difference’ with the senator and showcase their good work in serving credit union members in the 4th Congressional District,” said Chief Advocacy Officer JT Blau. “We were also pleased to hear that the senator remains a committed champion of Community Development Financial Institutions, a priority for your League.”

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NOVA-Area EPN Hosting Advocacy Lunch and Learn on Feb. 22

Join us for a virtual event on Feb. 22 with your League’s JT Blau and CeJae Vtipilson offering their perspective on credit union advocacy and the important role you play as a champion for our industry. This virtual event is being hosted by the NOVA-area Emerging Professionals Network, but anyone interested is welcome to participate. The hour-long program starts at noon.

Register here

Interested in Running in the Credit Union Cherry Blossom 10-Mile Run? We Can Help With a Race Entry Code

As a sponsor of the Credit Union Cherry Blossom race events, your League has a limited number of entry codes available for the 10-mile run. First-come, first-served for any of our member credit unions. Contact your League’s David Deacon at ddeacon@vacul.org.

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