The New York Credit Union Foundation has activated its Disaster Relief Grants for cooperativas, staff and volunteers in Puerto Rico affected by Hurrican Maria. To make a monetary contribution, visit the Foundation’s donation page.
Good morning. The full House Financial Services Committee will receive an update today from Federal Housing Finance Agency Director Melvin Watt. The Senate banking committee will hold a hearing to examine the Wells Fargo account opening scandal. In other news…
Registration is now open for the 2018 CUNA Governmental Affairs Conference, which will be held Feb. 25 – March 1, in Washington, D.C. New York attendees should register for the event through CUNA and secure lodging through the Association – NYCUA
Deadline approaching: Online registration for the 2017 Volunteer Leadership Conference closes this Friday, Oct. 6 – NYCUA
Credit unions interested in participating in the Association’s 2018 Scholarship Program should register by Oct. 13 – NYCUA
Business groups, including the American Bankers Association, have filed suit asking a federal judge to nullify the CFPB’s recent arbitration rule – CU Times
Lawmakers have re-introduced a bill to exclude veterans’ loans from the statutory credit union member business loan cap – CUToday
U.S. factory activity surged to a more than 13-year high in September, pointing to underlying strength in the economy – Reuters
CUNA will file a lawsuit against Equifax in the wake of the credit bureau’s massive data breach – CUNA
Richard Smith, the former CEO and board chairman at Equifax, is set to testify before three Congressional committees – CUinfoSecurity
With the Supreme Court back to nine members, this promises to be one of its most prolific terms in several years – New York’s State of Mind