Straight to The Point: October 23, 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, and happy Monday. The House is back in session this week, as is the Senate. Here is what’s happening in the world of credit unions today:

star3 The New York Credit Union Association—through a partnership with the Credit Union Webinar Network—will offer a number of webinars in November – NYCUA

star3 Credit union professionals can now register for the 2017 Credit Union Repossession and Remarketing Summit. The event, which the Association is helping to sponsor, will be held Nov. 8-10 in Cinnaminson, New Jersey – NYCUA

star3 Filene Research Institute will host a complimentary webinar this Wednesday, Oct. 25, at 2 p.m. that will focus on attracting the next generation of credit union professionals and volunteers – Filene

star3 Data breaches continue to rise to record levels, with one report suggesting that breach totals are up 22 percent over last year’s record pace – CU Times

star3 NCUA Chairman J. Mark McWatters said he believes Congress should allow credit unions to serve communities that exist only online – CUToday

star3 New York City Comptroller Scott Stringer says that on-time rent payments should help renters boost their credit score – New York Times

star3 The U.S. retirement age is rising, as the government pushes it higher and workers stay in careers longer – Bloomberg

star3 Despite soaring to record highs, mainstream investors are steering clear of cryptocurrencies like Bitcoin, claiming they are too lightly regulated, too volatile and too illiquid – Reuters

star3 There are several factors that make the credit union tax-exempt status more vulnerable now than at any point in the last 30 years – New York’s State of Mind



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