ADVOCACY
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COMPLIANCE
Thought leadership and resources to help you stay one step ahead of the regulators.
EDUCATION
Training and professional development to make you more productive, more promotable and more invested in your credit union’s success.
NEWS
Timely, relevant news, insights and information to help better navigate today’s ever-changing financial services marketplace.
SOLUTIONS
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News
- Déjà vu All Over Again: Incoming Proposed Rule on Incentive Compensation
May 6, 2024A few weeks ago, several media outlets began reporting that banking regulators were preparing to re-attempt a rulemaking on incentive compensation. The rulemaking - an outstanding requirement of the 2010 Dodd-Frank Act - had been previously attempted twice but never made it to a final rule. Late last week, a financial regulation newsletter account posted on X/Twitter that the proposed rulemaking could be coming this week.
- The Job Growth Paradox: Strong Numbers Hide Struggles of Small Businesses
April 25, 2024While overall employment figures show robust job growth, the National Federation of Independent Business (NFIB) has unveiled a contrasting scenario for small businesses. Virginia's credit unions can help local businesses overcome hiring challenges and contribute to a resilient local economy and legislative landscape.
- Trend Analysis: Credit Union Loan Activity in Recent Months
April 25, 2024In Q4 of 2023, we observed significant trends in the loan activities of credit unions based on the NCUA Quarterly Credit Union Data Summary for Q4 2023 and VACUL’s Credit Union Profile for Q4 2023. These reports highlight the ongoing developments and challenges within the credit union sector, providing a clear picture of both national and Virginia-specific dynamics.