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- CU Profile (Performance data for Virginia-based credit unions)
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Latest News Posts
- Homebase Credit Union CEO Patsy Stuard to Retire
December 9, 2022Following a 45-year career with Homebase Credit Union, CEO Patsy Stuard will retire Feb. 2, 2023. Mrs. Stuard began working at the credit union in 1978. During her tenure, she held almost every position within the organization.
- Senate Banking Committee Outlines Priorities for 2023
December 9, 2022The Senate Banking Committee outlined the priorities of its Democrat majority for 2023. Included in the to-do list is addressing cryptocurrency and shadow bank risk, affordable housing, public transportation, climate-related risks, consumer protection and consumer debt, and defending the Consumer Financial Protection Bureau.
- House Votes to Ease FIs' Hiring of Ex-Convicts
December 9, 2022The House of Representatives on Thursday passed its version of the National Defense Authorization Act, including provisions to make it easier for financial institutions to hire rehabilitated ex-convicts — something that FIs and regulators have been pushing for years.
- League's Compliance Roundtable Covers CFPB's Focus on Consumer Fees, Consumer Report Disputes
December 8, 2022Your League on Wednesday held its final quarterly Compliance Roundtable of 2022, with compliance attorney Jay Spruill covering several key topics of interest, including CFPB’s intense focus on overdraft and returned check fees.
- BayPort Credit Union Helps Fund $500,000 ACT Grant for New Virginia Beach City Public Schools Renewable Energy Technologies Program
December 8, 2022BayPort Credit Union and HII’s Newport News Shipbuilding division announced today the awarding of the $500,000 Accelerating Change Together (ACT) Grant to the Virginia Beach Education Foundation.
- Subordinated Debt Rule Would Help Lending to Underserved Communities
December 8, 2022CUNA supports NCUA’s subordinated debt proposal, it wrote to the agency in comments filed Monday. The current subordinated debt rule limits the maturity of Subordinated Debt Notes to a maximum of 20 years and terminates regulatory capital treatment for Grandfathered Secondary Capital (GSC) after 20 years beginning on the later of the date of issuance or Jan. 1, 2022.
- Credit Union Welcomes Belinda Tucker as Chief Operating Officer
December 5, 2022UVA Community Credit Union is pleased to announce the hiring of Belinda Tucker as Chief Operating Officer (COO). The position of COO reports to Credit Union President/CEO, Susan Gruber, and will support the Credit Union’s marketing, retail delivery strategy, loan servicing, operations, Member Service Center, and member experience departments.
- Homebase Federal Credit Union Names President/CEO
December 5, 2022Prince George, Va.-based Homebase Federal Credit Union named Clint Summers its next president and CEO, according to a press release posted on CUInsight Dec. 1. Summers will succeed CEO Patsy Stuard, who is set to retire. Summers was previously COO at Missoula, Mont.-based Clearwater FCU.
- League Files Comment Letter on NCUA Proposal Governing Member Expulsion Process
December 5, 2022Your League has filed a comment letter with the National Credit Union Administration in response to the agency's proposed rule to amend federal credit union bylaws regarding member expulsion. We note several possible improvements to the proposal.
- 3Q2022 Credit Union Profile Available
December 5, 2022Your League has published the 3Q2022 edition of the Credit Union Profile, which provides an overview of Virginia-based credit unions' performance, key statistics and important trends.