To our member credit unions, we provide legislative advocacy, regulatory support, training and staff development opportunities, networking, and business support services.
In conjunction with a variety of strategic business partners, the Association develops, markets and provides members with access to affordable back-office support products and services. The Association remains committed to its mission of assisting credit unions in any way possible with improving their overall level of service to members and Vermont consumers.
- Filene: 85% of CU Members See Assets as “Completely Safe” vs. 68% at Banks
Because they hold credit unions in such high regard, credit union members are more likely than bank customers to keep a greater portion of their holdings with their financial institution--an encouraging development as credit unions continue to seek ways to expand member outreach, according to a new Filene Research Institute white paper. ... read more
- Illinois Governor Signs Landmark CU Exam Parity Legislation
The examination process for Illinois credit unions was upgraded on Thursday when Governor Pat Quinn signed a bill into law mandating that the Illinois Department of Financial and Professional Regulation administers fair examination protocols for all state-chartered credit unions. HB 5342 requires all state regulatory examinations to be conducted in a procedurally and consistent manner, and aims to provide clarity, flexibility and authority in a number of operational areas. ... read more
- Registration Now Open for AVCU’s October 22nd BSA Officer Training
The brochure and online registration link for AVCU’s annual Bank Secrecy Act Officer training seminar was distributed to credit union Manager / CEOs and prior year attendees earlier this week. The seminar is appropriate for anyone who is responsible for your credit union’s BSA / AML program, especially designated officers, risk managers, compliance / operations / administration executives, auditors, and select volunteers. Every attendee who completes the in-person training will receive a certificate signifying that the seminar meets the required training obligations of the BSA and USA PATRIOT Act. ... read more
- Vermont FCU Promotes Parish to Burlington Branch Manager
Bernie Isabelle, President and CEO of Vermont Federal Credit Union, is pleased to announce that Kevin Parish has been promoted to Branch Manager of the Burlington Branch. Parish, who has worked at Vermont Federal since early 2013, has over 12 years of financial services and lending experience. During that time Parish has worked with many members, completing transactions and financing loans. ... read more
- CUNA Offering Resources to Help Promote 100 Million Members Celebration
In anticipation of reaching a milestone of 100 million credit union members in just a couple of weeks, CUNA has distributed to state leagues and associations a tool kit to assist and encourage credit unions nationwide to join in the celebration. With this initiative, CUNA hopes to spread the word to even more consumers about the credit union difference across America – and to show the growing strength of credit unions as a positive force in providing financial services to consumers and small businesses. The cornerstone of the campaign is the “send us a selfie” project at www.americascreditunions.org which utilizes the #100MM hashtag to start conversations between credit unions and their members. ... read more