Straight to The Point: October 3, 2017

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…

star3 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

star3 Deadline approaching: Online registration for the 2017 Volunteer Leadership Conference closes this Friday, Oct. 6 – NYCUA

star3 Credit unions interested in participating in the Association’s 2018 Scholarship Program should register by Oct. 13 – NYCUA

star3 Business groups, including the American Bankers Association, have filed suit asking a federal judge to nullify the CFPB’s recent arbitration rule – CU Times

star3 Lawmakers have re-introduced a bill to exclude veterans’ loans from the statutory credit union member business loan cap – CUToday

star3 U.S. factory activity surged to a more than 13-year high in September, pointing to underlying strength in the economy – Reuters

star3 CUNA will file a lawsuit against Equifax in the wake of the credit bureau’s massive data breach – CUNA

star3 Richard Smith, the former CEO and board chairman at Equifax, is set to testify before three Congressional committees – CUinfoSecurity

star3 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

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