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.
- No 2014 TCCUSF Assessment for CUs, but NCUA Increases Budget 6.7%
The NCUA made several announcements at its open board meeting on Thursday, some of which were welcome news for CUNA and credit unions and others that were greeted less enthusiastically. Thanks in large part to a $1.4 billion settlement with JP Morgan announced earlier in the week, the agency will not charge credit unions a Temporary Corporate Credit Union Stabilization Fund (TCCUSF) assessment in 2014. NCUA also announced that the National Credit Union Share Insurance Fund (NCUSIF) assessment for 2014 is estimated to be between zero and five basis points. The agency also approved a 2014 budget of $268.2 million, an increase of 6.7% from 2013 and the sixth straight year that the agency's planned expenditures have grown. ... read more
- AVCU & Diebold Offering Free ATM Compliance Webinar on 12/4
In conjunction with our business partner Diebold, AVCU is offering a free ATM Service & Technology Compliance Checkpoint webinar from 1:30 to 2:30 on Wednesday, December 4th. With the inception of PCI guidelines in April 2013 and Microsoft’s® eminent end of life support for Windows® XP, focusing on Windows 7 in April 2014, the coming months and years will continue to be a critical time for ATM updates, whether they are necessary upgrades to comply with regulations, tools to make the ATM channel more compelling, or integration of the very latest technology for self-service banking ... read more
- Heritage Family Helps Stuff a Bus
On November 14, Heritage Family Credit Union (HFCU) teamed up with Northwest Elementary School in Rutland to deliver 7,680 items to the Salvation Army for the Stuff-A-Bus campaign. ... read more
- NEFCU Donates $20,000 to COTS
New England Federal Credit Union (NEFCU) recently donated $20,000 to Burlington’s Committee on Temporary Shelter (COTS), which will use the gift as a Challenge Grant for its annual Phonathon. “We are incredibly grateful to NEFCU for their ongoing support and for this very generous contribution,” said Markley. “With winter almost upon us, demands on COTS will increase and these funds will help us meet the challenge.” ... read more
- NorthCountry Announces Senior Management Team
At an all-staff meeting on November 16, NorthCountry FCU CEO Bob Morgan unveiled a new organizational chart designed to support the credit union’s continued growth as it nears $0.5 billion in assets. ... read more