Straight to The Point: June 12, 2017


Good morning. State lawmakers are back in Albany today for a four-day week. There are just seven days left in the state legislative session. The House and U.S. Senate are also both in session today. Here are your headlines:

star3 Registration is open for the New York Credit Union Association’s new Basic Accounting Workshops. The Association is hosting four workshops at different locations throughout the state this July – The Point

star3 Reminder: The New York Credit Union Foundation is offering two separate training sessions this summer for individuals interested in teaching the National Endowment for Financial Education High School Financial Planning Program – Foundation

star3 Love My Credit Union Rewards, a strategic partner of the Association, has released its June newsletter. The newsletter contains information on the program’s updated marketing materials, the Sprint Credit Union Member Cash Rewards program, marketing audit reports and more – Love My CU Rewards

star3 The selling of anonymized member and customer data may be legal, but it raises ethical questions about the use and protection of that information – American Banker

star3 Any Senate counterpart to the Financial CHOICE Act would likely preserve the CFPB, the Volcker Rule and capital requirements laid out in the Dodd-Frank Act – New York Times

star3 A lack of retirement plan assets correlates with unfavorable debt-to-asset ratios for workers in their 40s – CU Times

star3 During the first quarter of 2017, U.S. homeowners with mortgages have seen their equity increase by a total of $766.4 billion – CUToday

star3 Both Democrats and Republicans cited concerns about hurting low-income homeowners in legislation that would re-authorize the National Flood Insurance Program – Roll Call

star3 We’re all living in separate “reality bubbles,” thanks in part to the technology that was supposed to make our lives more homogenous –  New York’s State of Mind

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