Good morning, and happy Monday. As a reminder, the New York Credit Union Association and its Affiliates will be closed tomorrow in observance of the Fourth of July holiday. The Point will resume publication Wednesday. Congress is off for the week. Here are this morning’s headlines:

Enrollment is now open for the statewide prize-linked saving program, Lucky Savers – The Point

The New York Credit Union Foundation has awarded more than $40,500 in grants so far this year – The Point

The Utica-Rome Chapter is hosting its annual charity golf tournament July 31 at the Skenandoa Golf Club in Clinton – NYCUA

The House Appropriations Committee’s subcommittee on financial services approved a measure that cuts the CDFI program by 23 percent and makes the CFPB and NCUA subject to the appropriations process – CU Times

U.S. consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion that could still lead the Federal Reserve to raise interest rates by the end of the year – Reuters 

European police have dismantled a cross-border gang that has stolen at least $560,000 from at least 3,000 individuals via ATM skimming – CUToday

A bipartisan pair of senators introduced legislation Thursday that would direct the federal government to develop voluntary best practices for “good cyber hygiene” – The Hill 

Computer security experts say the file-encrypting malware that began spreading worldwide Tuesday was strictly malicious and likely never intended to make money – CUinfoSecurity

A recent court ruling continues the legal lunacy surrounding pot banking – New York’s State of Mind