League News Releases
- With Months of Prep Behind Us, CUs Ready for Busy General Assembly Session
January 9, 2024With a year’s worth of preparation and planning behind us, credit unions are eager to see tomorrow’s start of the 2024 session of the Virginia General Assembly. This promises to be a busy 60-day session that will include consideration of a measure to provide credit unions with the authority to hold public deposits. This authority would allow public entities – city and county governments and their various subdivisions, for example – to deposit public funds at local credit unions, providing greater choice, boosting competition, and benefitting taxpayers by providing better rates on deposits.
- League Board Seeks Nominations for Kirsch Lifetime Achievement Award
January 9, 2024The Virginia Credit Union League’s Board of Directors is seeking nominations for the James P. Kirsch Lifetime Achievement Award. This prestigious award is given annually to recognize an individual who has made significant contributions to the credit union industry during the course of his or her career. Credit union professionals and officials/volunteers are eligible to receive this award.
- League Board Seeks Nominations for Farley Award of Excellence
January 9, 2024The Virginia Credit Union League’s Board of Directors is seeking nominations for the Eugene H. Farley Jr. Award of Excellence. The Farley Award is given annually to recognize an individual who has made a significant contribution over a period of the past two or three years. It may include work on a specific project or initiative or recognize exemplary leadership at the local, state, or national level. Credit union professionals and volunteers/officials are eligible to receive this award.
- Rep. Rob Wittman Signs on as Co-Sponsor of Veterans Members Business Loan Act
January 9, 2024Following credit union and League advocacy efforts, Rep. Rob Wittman (R-1st) has signed on to H.R. 4867 (Veterans Members Business Loan Act) as a co-sponsor. At present, the bill has garnered the support of 18 House members in a show of bipartisan support.
- Join Us for Credit Union Day at the General Assembly: January 18th in Richmond
January 8, 2024"We look forward to having credit union advocates join us on the 18th in Richmond!" says the League’s Chief Advocacy Officer JT Blau. "Credit Union Day is a unique opportunity to highlight the 'Credit Union Difference' and educate lawmakers about what makes us the best choice for financial services for millions of Virginians."
Here are things to know for Credit Union Day!
- League’s Carrie Hunt Leads Effort in Support of Green-Lending Initiative for CUs
January 8, 2024League President/CEO Carrie Hunt assisted in leading an effort today to help secure funding from the Environmental Protection Agency for green-lending initiatives at Virginia-based credit unions, as well as nationally.
- Carrie Hunt Departing Virginia Credit Union League to Serve as Chief Advocacy Officer for America's Credit Unions
December 21, 2023The Virginia Credit Union League Board of Directors announced today that President/CEO Carrie Hunt will be leaving the League to serve as Chief Advocacy Officer for America’s Credit Unions, effective March 1, 2024.
- Let League Partner Dynamic Quest Help Protect Your CU from Cyber Threats
December 21, 2023As many of you may be aware, there was recently a large-scale cyberattack that impacted 60 credit unions across the U.S. Unfortunately, this is a very negative bit of news associated with our industry. In the League's capacity as advisors to our member credit unions, we would like to take the time to reinforce the need for credit unions to pay special attention to your technology and cybersecurity postures.
- Interested in Serving on a League Committee? Let Us Know!
December 21, 2023The League Board is accepting nominations for our working committees! Interested in serving? Complete the nomination form here.
- Senate Confirms Otsuka to Serve on NCUA Board
December 20, 2023The Senate voted to confirm Tanya Otsuka to serve on the NCUA board Wednesday. Otsuka currently serves as senior counsel for the Senate Banking Committee and was nominated by President Joe Biden in September. "The Virginia Credit Union League looks forward to working with Ms. Otsuka as a member of the NCUA board," said League President/CEO Carrie Hunt. "We are excited to see her bring her talents to the credit union industry."