VACUL Headlines
- EEOC Updates Employer COVID-19 Vaccination Guidance
October 15, 2021The U.S. Equal Employment Opportunity Commission has updated its guidance document aimed at helping businesses and their employees better understand how federal workplace discrimination laws, such as the Americans with Disabilities Act, impacts employer COVID-19 vaccination requirements. Learn more
- In Address at Tidewater Chapter, League President Urges Advocates' Action on IRS Reporting Proposal
October 15, 2021League President/CEO Carrie Hunt was the special guest speaker at the Tidewater Chapter's Oct. 14 meeting, offering her perspective on one of the thorniest issues currently plaguing the financial services industry -- namely the proposal to expand Internal Revenue Service reporting requirements for financial institutions.
- League Files Comment Letter on Complex Credit Union Leverage Ratio; Risk-Based Capital
October 14, 2021Your League will today file its comment letter on NCUA's Complex Credit Union Leverage Ratio - Risk-Based Capital proposed rule. Read the letter
- Gridlock, Dysfunction Hit Redistricting Commission
October 14, 2021For all you watching the twists and turns related to the bipartisan commission redrawing the commonwealth's electoral districts, we thought you might appreciate recent posts and articles related to the commission's ongoing internal battles.
- CUNA Mutual Group: Corporate Check Fraud Report
October 14, 2021A handful of credit unions report their corporate check accounts are being fraudulently used, notes a CUNA Mutual Group release.
- NCUA Hosting Oct. 28 Webinar on Automated Cybersecurity Evaluation Toolbox
October 14, 2021The National Credit Union Administration is hosting a webinar on the National Credit Union Administration’s Automated Cybersecurity Evaluation Toolbox (ACET) beginning at 3 p.m. on Thursday, Oct. 28. Register now.
- FASB Board Reconsidering TDR Accounting for CECL Adopters
October 14, 2021The Financial Accounting Standards Board (FASB) held a board meeting yesterday to discuss targeted improvements to the current expected credit loss (CECL) standard. Of note, the board discussed the reconsideration of troubled debt restructuring (TDR) accounting for CECL adopters and possible alternative methods. Learn more
- Pelosi Says Expanded IRS Reporting Will Be in Final House Bill
October 13, 2021Speaker of the House Nancy Pelosi (D-Calif.) said Tuesday that language expanding financial institution reporting requirements to the Internal Revenue Service (IRS) would be included when the House takes up its final reconciliation bill. CUNA, Leagues, and credit unions strongly oppose the language, which was not present in the House Ways and Means Committee-passed bill. Contact your lawmakers now through CUNA's Grassroots Action Center!
- 60 Participate in Virtual Marketing Workshop
October 13, 2021Many thanks to the 60 participants in today's virtual Marketing Workshop! Today's sessions featured advertising compliance (with AUX's Kristen Tatlock) and strategic considerations for 2022 (with On The Mark Strategies' Elizabeth Rider).
- Pages From of the Diary of Mrs. C. Hunt - Oct. 13, 2021
October 13, 2021League President/CEO Carrie Hunt's latest "Diary" post features an urgent call-to-action on the IRS Reporting Requirements we've battled against for months in Congress and a preview of Ignite 2021 | the League Annual Meeting (please register if you haven't; early bird discount ends Oct. 15!)