Good morning! It’s a full-day on the legislative front; the Assembly, state Senate, House and U.S. Senate are all in session today. Here are this morning’s headlines:
Voting for the New York Credit Union Association’s open director seats ends this Thursday, May 25 – The Point
Individuals and sponsors can still register for the Chairman’s Testimonial at this year’s Annual Meeting & Convention. The event is a celebration of outgoing Association board chairman Mark Pfisterer’s leadership – NYCUA
In the wake of the recent “WannaCry” global ransomware attack, NCUA is reminding credit unions to verify they have effective controls in place to prevent similar attacks – The Point
Upcoming special elections within the state will reveal voter trends that could help predict outcomes in 2018, 2020 – City & State
The Treasury Department plans to issue recommendations on how to better tailor regulations for community banks, but it’s unclear if credit unions will be included – CU Times
State lawmakers held a hearing yesterday on the relatively unregulated online lending industry, and they expressed skepticism about the industry’s lack of oversight – Times Union
The Financial CHOICE Act is not on the House agenda this week, but the bill may come up for a vote after the House returns June 5 following next week’s recess – CUToday
Several of the country’s largest banks, including Bank of America and Wells Fargo, have contributed to a $107 million investment in the blockchain startup R3 – Reuters
Do New York’s cybersecurity regulations apply to your federal credit union? The answer is murky – New York’s State of Mind