Straight to The Point: August 21, 2017


Good morning, and welcome to another Monday. Neither the House nor the Senate are in session today, and there is no legislative or regulatory action slated. Here is what’s happening today:

star3 With budget season approaching, the New York Credit Union Association’s member relations team is once again offering budgeting assistance to member credit unions as a benefit of membership – The Point

star3 There is still time to register for the 2017 Compliance & Legal Conference, which will be held Sept. 11-12 at the Turning Stone Resort Casino in Verona. Registrations should be submitted by next Monday, Aug. 28 – NYCUA

star3 The New York Credit Union Association’s annual CEO Roundtable in Syracuse will be held Oct. 23-24. The popular event—consistently cited as one of the Association’s most valuable offerings—is geared toward CEOs/managers of New York credit unions with up to $100 million in assets – NYCUA

star3 There is concern among some Federal Reserve officials that inflation will remain below 2 percent for longer than currently expected – CU Times

star3 According to the Annual Survey of Entrepreneurs released by the U.S. Census Bureau, equity in a home was used as a source of capital to start 284,618 businesses—7.3 percent of all businesses in the U.S. – CUToday

star3 If a reunification of the fractured state Senate Democrats is to happen, the mainline party must manage expectations of a progressive free-for-all, says state Sen. Diane Savino, IDC-Metropolitan – Daily News

star3 Prodigy Finance, an online lender that caters to foreign students hoping to study in the U.S., is quickly carving out its place among non-traditional lenders – New York Times

star3 Interactive Facebook ads and Twitter chats can complement—and sometimes outdo—traditional marketing and networking – American Banker

star3 Friendly reminder: Aug. 28 marks the compliance deadline for most parts of New York’s cyber security regulations – New York’s State of Mind

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