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By Jim Rubenstein |
February 17, 2010
For the time being, credit union concerns in Virginia and elsewhere over companion bills in the state Senate and House enabling banks to buy and merge credit unions have eased following committee action leading to likely passage.
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By Jim Rubenstein |
February 16, 2010
As expected, a bill, once crafted to permit Virginia banks to buy credit unions that has since been altered to a mutual conversion measure, has passed the state Senate, 39-0.
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By Jim Rubenstein |
February 10, 2010
The legislative scrap brewing in Virginia over bills to permit banks to buy credit unions was capturing national attention this month from both industries, regulators and the media.
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By Jim Rubenstein |
February 9, 2010
On a 15-0 vote of the Virginia Senate Commerce and Labor Committee, the now recast bankers' bill enabling state chartered credit unions to convert to mutual status cleared another hurdle this week as it appears headed for passage.
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By Jim Rubenstein |
February 5, 2010
In a victory for the Virginia Credit Union League, a House panel voted 20-0 Thursday to pare down a banker-backed bill allowing banks to buy credit unions into a measure enabling state CUs to convert to mutual charter.
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By Jim Rubenstein |
February 2, 2010
CUNA said Tuesday it is "watching very closely" a legislative battle brewing in Virginia over banker-backed proposals for banks to buy credit unions.
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By Jim Rubenstein |
February 2, 2010
The Virginia Credit Union League said it is working on a compromise bill in the state legislature dealing with CU-to-mutual conversions.
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By Jim Rubenstein |
January 28, 2010
Rallying to defeat "anti-credit union" bills allowing banks to purchase CUs, the Virginia Credit Union League said today it expects a crowd of 350 to show up in Richmond to meet with lawmakers.
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By Jim Rubenstein |
January 22, 2010
The Virginia Credit Union League was galvanizing its membership Friday for what it called a full court press to oppose state legislation permitting banks to merge with credit unions and vice versa.
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By Jim Rubenstein |
January 15, 2010
The Virginia Bankers Association moved ahead this week to formally introduce bills in the state legislature permitting banks to "consolidate or merge" with credit unions and vice versa.
