Advocacy News
Join the conversation about the latest news and issues related to the laws, regulations, politics and issues impacting Virginia's credit unions.
- NCUA Board Meeting: CAMELS 3/4/5 Continue to Rise, Driven by Larger Credit Unions
September 19, 2024Today’s NCUA Board Meeting showed the latest data on CAMELS code 3, 4, and 5 credit unions. Take a look at some of the key data points and our analysis in today’s REGular blog.
- REGular Blog Weekly Roundup: September 13th
September 13, 2024In this week’s REGular blog post, we preview the upcoming NCUA Board meeting, review the CFPB’s latest enforcement action, and examine recent FinCEN data on mail theft-related check fraud.
- REGular Blog Weekly Roundup: August 30
August 30, 2024Catch the latest updates from Virginia Credit Union’s weekly roundup for August 30. Stay informed on industry news, events, and key insights impacting the credit union community.
- REGular Blog Weekly Roundup: August 16th
August 16, 2024Happy Friday! This week, the NCUA approved a major rulemaking for data standardization, the CFPB is pushing for easier human interaction in customer service, and key court cases are challenging interchange fees and CFPB regulations. Stay tuned for more updates next week and have a great weekend!
- REGular Blog - Weekly Roundup: August 2nd
August 2, 2024We're doing some updates on some regulations that could impact credit unions and looking at how holdups in the legislative, judicial, and executive branches are impacting their progression. As we hit back-to-school season, what better time for a look at our three branches of government and their role in the credit union advocacy process?
- League Meets with Virginia Senator Suhas Subramanyam
August 2, 2024Advocacy staff met virtually with Virginia Senator Suhas Subramanyam, the Democratic nominee for VA’s 10th Congressional district. They discussed credit union issues, tax exemption, and district impact. Read more about the meeting here.
- 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!
- 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!