Straight to The Point: October 11, 2017

The New York Credit Union Foundation has activated its Disaster Relief Grants for cooperativas, staff and volunteers in Puerto Rico affected by Hurricane Maria. To make a monetary contribution, visit the Foundation’s donation page.

Good morning. The Senate is recessed this week, but the House is in session. The House Financial Services Committee is scheduled to markup more than 20 bills today. Here’s what’s happening today:

 The 2017 Tech Forward Conference will kick off tomorrow at the Rivers Casino in Schenectady. The inaugural event’s speaker lineup includes a diverse mix of fintech experts, cybersecurity professionals and tech entrepreneurs – The Point

 Registration is open for the Association’s 2017 Marketing Conference, which will be held Nov. 2-3 in Saratoga Springs – NYCUA

 CUNA Mutual Group is hosting a number of webinars in the weeks ahead, including a series on “loyal lending” and loan growth strategies – CUNA Mutual Group

 Credit unions continued to increase consumer lending twice as fast as other lenders in August – CU Times

 Nearly half of all U.S. adults who carry credit card debt—about 29 million people—say they’ve been carrying their balances for at least two years – CUToday

 Support is waning for this November’s referendum on whether or not New York should hold a constitutional convention – Politico New York

 Democrats on the U.S. Senate banking committee asked the panel’s chairman to help strike a bipartisan deal to amend Obama-era financial regulations – The Hill

 Global regulators are close to putting the finishing touches on the Basel III rules, which are bank capital requirements intended to prevent the next financial crisis – Bloomberg

 Credit unions have to make themselves attractive to the millennial generation, as young people look to purchase homes for the first time – New York’s State of Mind