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Latest News Posts
- Just Added at IGNITE 2023: Education Session Will Highlight NCUA’s Central Liquidity Facility
May 12, 2023Learn how the National Credit Union Administration’s Central Liquidity Facility works and how it can fit within your credit union’s broader liquidity risk-management program. Tim Dodds, vice president of the CLF, will offer a program at IGNITE on CLF membership and an overview of liquidity advances, including information on types and terms of advances, qualifications, and collateral requirements.
- Meeting with Rep. Jennifer Wexton
May 11, 2023Credit union leaders from Northwest Federal Credit Union and Apple Federal Credit Union joined the League today in a meeting with Congresswoman Jennifer Wexton (D-10) in her office in Washington, D.C. to highlight the impact of Virginia’s credit unions and ask for her support of the SAFE Banking Act.
- Lawmakers Try Again to Solve CDFI Liquidity Crunch
May 10, 2023Community development financial institutions are facing challenges similar to their customers — raising the funds vital to stay in business. A Senate bill aims to help CDFIs address liquidity shortfalls during the current economic uncertainties.
- CUs Must Have Parity with Banks in Deposit Reform Legislation
May 9, 2023Credit unions must receive parity with banks in any deposit reform legislation, CUNA wrote to House Financial Services and Senate Banking, Housing, and Urban Affairs Committee leadership Monday. Congress and the Federal Reserve have indicated interest in deposit insurance reform in the wake of recent high-profile bank collapses. This is an issue your League is following closely, as well.
- Richmond-Area CUs Hit the Links for VACUPAC
May 9, 2023Sixty golfers teed off in the Richmond-area Bill Dawson VACUPAC Golf Tournament on May 9. Hosted and organized by Henrico Federal Credit Union, the annual fundraiser supports the Virginia Credit Union Political Action Committee (VACUPAC), the political action committee for Virginia-based credit unions.
- CU Pride Month to Kick Off With Leadership Conference
May 8, 2023CU Pride Month in June will kick off with an educational leadership conference and other events.
- CUs, League Hold Virtual Meeting with Rep. Wittman; Bank Branches on Military Bases, Interchange Among Key Topics
May 8, 2023Credit union advocates from BayPort Credit Union, Henrico Federal Credit Union, Langley Federal Credit Union, NavyFed, and Topside Federal Credit Union joined the League in a virtual meeting with Congressman Rob Wittman (R -1) on May 4.
- Voting for Primary Elections Has Begun; Here's What You Need to Know
May 8, 2023Early voting for Virginia’s June 20 primary election began May 5. As we reported earlier, 44 primary races will be taking place throughout Virginia. Some of these races see newcomers running against long-time incumbents, other races have all new faces and only a couple pit incumbents against each other.
- ValleyStar RISE Foundation Hosting 26th Annual Golf Tournament - FORE THE KIDS
May 5, 2023The ValleyStar RISE Foundation is proud to host its 26th annual charitable golf tournament - FORE THE KIDS on May 11, 2023, at Chatmoss Country Club in Martinsville, Virginia.
- BayPort Foundation Charity Golf Classic Raises More Than $135,000
May 5, 2023The BayPort Foundation is excited to announce that it has raised $136,175 at its second annual Charity Golf Classic event, hosted on April 27, 2023. Forty-two businesses sponsored the tournament, including the 84 golfers who played the award-winning golf course at the James River Country Club in Newport News.