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The National Credit Union Administration unanimously approved modifications to its 2020 rule that raise maturity ceilings on offerings and simplifies redundant language.
Despite an initial green light in 2019, regulators with the Virginia State Corporation Commission ultimately decided the credit union's plan to add members lacked merit.
After a three year legal dispute, the Virginia State Corporation Commission decided Virginia Credit Union cannot offer membership to the 10,000-member Medical Society of Virginia.
The Virginia Bankers Association Education Foundation announced that Ronit Jain is the statewide scholarship winner of the VBA Bank Day Scholarship Program.
Banks across Virginia hosted more than 400 high school seniors through the Bank Day Scholarship Program.