League News Releases
- REGular Blog: Weekly Roundup: July 26th
July 26, 2024Happy Friday everyone! Summer is FLYING by - it's hard to believe it's almost August already! I was on site at a credit union this morning doing some training for some of their supervisory committee members when the conversation turned to back-to-school preparations. Hard to believe! As we wrap up July and head into August, lets take a look at some of this week's developments in regulatory compliance.
- REGular Blog: NCUA Board Meeting Summary – July 18th, 2024
July 19, 2024VACUL’s J.T. Blau attended the NCUA Board meeting on Thursday, where the Board proposed rules for succession planning and incentive-based compensation arrangements. They also voted to extend the interest rate ceiling for federal credit unions. Read more here!
- Member Spotlight: Freedom First’s Community Impact
July 19, 2024Discover how Freedom First Credit Union is making a difference with groundbreaking financial wellness programs and community initiatives. They're tackling issues like affordable housing and offering free financial counseling to empower lives and boost economic vitality. Learn more about their impactful work in this week's Member Spotlight.
- Final Rule on AVM Use Issued
July 17, 2024Today six federal regulatory agencies, including the NCUA, issued a final rule related to the use of AVMs. Read more about the details of the final rule and how and when it might impact your credit union in today’s REGular blog!
- EMERGE: Celebrating Professional Growth and Innovation
July 17, 2024Explore the highlights and insights from the Virginia Credit Union League's EMERGE Conference! Discover how this premier event supported credit union professionals stepping into leadership roles or honing their skills or "emerging professionals". Read more here!
- REGular Blog Weekly Roundup: July 12, 2024
July 12, 2024In today’s REGular blog we’re recapping some of this week’s key items for credit union regulatory compliance, including a preview of next week’s NCUA board meeting, the release of 2023 HMDA data, and a new proposed rule from the CFPB on mortgage servicing. Read more here!
- FinCEN's Proposed BSA Rule Part 2: Impact on the Existing Pillars
July 11, 2024FinCEN’s Proposed Rule: Part 2. After looking at the possible new sixth BSA pillar, today’s REGular blog post dives in on how FinCEN’s proposed rule on AML/CTF programs would impact the current BSA pillars and their compliance requirements for credit unions. Read more here!
- FinCEN Issues Proposed Rule: Is a Sixth Pillar on the Horizon?
July 10, 2024FinCEN has issued a proposed rule which could create a sixth BSA pillar – an AML/CFT risk assessment. We’re looking at the details of this part of the proposed rule in today’s REGular blog. Read more here!
- Unified Regulatory Agenda Part 2: CFPB and FinCEN
July 9, 2024After examining the NCUA’s Rulemaking Agenda, we take a closer look at some key items from the CFPB and FinCEN in Part 2 of our Unified Regulatory Agenda analysis. Read more in today’s REGular blog!
- CFPB Issues Summer 2024 Supervisory Highlights - Key Takeaways for Credit Unions
July 3, 2024The CFPB has released the latest edition of its Supervisory Highlights. Credit unions can learn from the common findings highlighted in the report to ensure their procedures and practices are compliant. In today’s REGular blog, we highlight key findings in the report and give takeaways and best practices for credit unions.