Straight to The Point: September 22, 2017


Good morning, and happy Friday. Neither the House nor the Senate are in session today. Both chambers will return to order on Monday. Here is what’s happening in the world of credit unions:

star3 The New York Credit Union Association has released a new benefit of membership for credit unions with up to $50 million in assets: the CUNA Staff Salary Report – The Point

star3 NCUA has released the agenda for the agency’s upcoming board meeting. The board is expected to consider closing the Corporate Stabilization Fund and raising the normal operating level.el – The Point

star3 A number of New York credit unions were awarded CDFI grants – The Point

star3 Some millennials are investing in bitcoin and other cryptocurrencies to stash their retirement savings – CU Times

star3 Credit card delinquencies are starting to inch up again – PYMNTS

star3 The number of Americans filing for unemployment benefits unexpectedly fell last week, but the near-term outlook for the labor market was muddied by the continuing impact of Hurricanes Harvey and Irma – Reuters

star3 The Senate Banking Committee is set to host the CEOs of Equifax and Wells Fargo next month – The Hill

star3 A free online service offered by Experian allows anyone to request the PIN needed to unlock a consumer credit file that was previously frozen – KrebsOnSecurity

star3 With the Federal Reserve announcing that it is starting to unwind its balance sheet, credit unions should be guarding against sudden changes in interest rates – New York’s State of Mind

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