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Home News CURRENT Newsletter | February 20, 2024

CURRENT Newsletter | February 20, 2024

Authored By: Lewis Wood on 2/20/2024

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Governance Committee Seeks Candidates for 5 League Board Seats; Deadline for Nominations March 1

The Governance Committee of the Virginia Credit Union League seeks your recommendations for candidates to be nominated for election to the Board of Directors. In 2024, five board seats are open for election. Nominations are due to the Governance Committee on March 1.

League Plans Full Slate of Advocacy Events for GAC

Your League plans to host a number of “Hike The Hill” legislative visits and a Legislative Reception as part of our advocacy efforts at the Governmental Affairs Conference (GAC).

  • We’ve confirmed visits with members of our Congressional delegation. If you would like to be included in the meeting with your congressman or congresswoman, please let us know by emailing CeJae Vtipilson at cvtipilson@vacul.org.
  • Sens. Mark Warner and Tim Kaine do not schedule meetings more than two weeks out. We hope to confirm meetings this week with them or their staff. If you want to attend meetings with either senator, please email CeJae.

Note: We may be limited in the number of representatives who can attend these meetings with lawmakers, so act quickly to secure a spot. You need not be registered for the GAC to participate.

  • We will host a Legislative Reception on March 4 in the Rayburn House Office Building from 3 p.m. until 5 p.m. To aid us in planning, we do ask that you register for this event.
  • Join us for our GAC Kickoff Happy Hour on March 3, from 4 p.m. until 7 p.m. in the Marriott Marquis Hotel Bar. This will be an informal networking event to celebrate the start of GAC!

Learn more about GAC here


League’s Reg Compliance Update Set for March 13

Count on your League to help you manage today's complex regulatory compliance environment! We've scheduled the first of this year’s quarterly virtual updates for March 13. These virtual updates are designed to aid your team in building its compliance resources and boosting its regulatory expertise. 
JT Blau, Chief Advocacy Officer of the League, and attorney Jay Spruill (Woods Rogers Vandeventer Black PLC), who serves as lead attorney for the League's Compliance Hotline, will lead the discussion.
Register Now

Report Your Financial Education Efforts

Credit unions: Many of you are actively involved in conducting financial education presentations and we remind you to report your good work to the Credit Union Financial Education Network (CUFEN)! We use the reported data to highlight for policymakers credit unions’ commitment to financial education and financial well-being and to showcase the “Credit Union Difference.” 

Virginia-based credit unions reported reaching 28,144 students and 17,568 adults with lessons on personal finance during the year ended June 30, 2023. However, we know that many of you did not report on your efforts last year. Now that we’re halfway through the 2023-2024 school year, it’s the perfect time to report your efforts to date! 
Learn More

Credit Unions: Apply for Grants to Support Your Financial Education Initiatives; Deadline March 15

Through the generosity of Vizo Financial Corporate Credit Union, Virginia's credit unions can apply for grants that will fund financial education projects or programs. Up to $50,000 annually will be allocated to Virginia, provided the funds are utilized. Looking to start a financial education partnership with a local school? Need an age-appropriate curriculum? Need computer equipment or software licenses? All these items -- and more – would be eligible uses for the grant funds! Submit your grant application no later than March 15, 2024, to be considered.

Dinner Cruise to Benefit VACUPAC on May 2: Sponsorship Opportunities Available

We'll host a sunset dinner cruise on May 2 in support of the Virginia Credit Union Political Action Committee (VACUPAC) and credit union advocacy! As part of IGNITE | the League Annual Meeting, the dinner cruise will feature a buffet meal and open bar aboard a luxury yacht. Credit unions, business partners and vendors: sponsorship opportunities are available! Note: our top-tier sponsorship levels include attendance on the cruise.
Just interested in the cruise? Register by April 10 to secure your spot!
Register Here


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