Good morning. There is no legislative or regulatory action expected today. Here is what’s happening in the world of credit unions:
Credit unions and chapters can once again offer college scholarships to deserving young members with the New York Credit Union Association’s annual, statewide Scholarship Program – The Point
Registration is open for the Association’s Tech Forward conference. The event will feature a wide range of presenters and fintech experts who will explain how credit unions can embrace and harness emerging technologies – The Point
Reminder: NCUA’s final round for credit unions to qualify for the agency’s streamlined application for CDFI certification is open through Sept. 1 – NCUA
According to a recent survey, financial stress is taking a toll on American workers and their ability to save for retirement – CU Times
A group of community bankers are calling on Congress to revoke the tax-exempt status of credit unions in their recommendations for reforming the nation’s tax code – CUToday
Compliance experts and credit union executives outlined fixes they believe must be made to the CFPB’s Integrated Disclosure Rule – CU Journal
New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest level in seven months – Reuters
Police recently discovered semi-flexible data transfer devices that allowed thieves to extract stolen ATM card data from deep-insert skimmers – KrebsonSecurity
The FDIC, Federal Reserve and the Office of the Comptroller of the Currency released a risk-based capital proposal that could indirectly help credit unions – New York’s State of Mind