Straight to The Point: October 30, 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 not in session today. The Senate will convene to consider the nomination of a U.S. district judge. Here is what’s happening in the world of credit unions today:

star3 The New York Credit Union Association is seeking feedback on credit unions’ state-level legislative priorities – The Point

star3 Registration is open for the 2018 CUNA Governmental Affairs Conference, which will be held Feb. 25 – March 1, in Washington, D.C. – NYCUA

star3 Filene Research Institute will host a complimentary webinar Nov. 14 at 3 p.m. that will explore how credit unions can fill the need for short-term, small-dollar loans – Filene

star3 All of Puerto Rico’s island-chartered and insured-credit unions are operating again following Hurricane Maria, but lack of communications services and power are forcing some branches to remain closed – CU Times

star3 The share of American renters who believe it’s more affordable to rent than to own a home is rising, according to survey results released by Freddie Mac – CUToday

star3 President Trump is leaning toward appointing Federal Reserve Governor Jerome Powell to be the next chairman of the Fed – Bloomberg

star3 Seven of New York’s nine Republican members voted against a budget resolution that cleared the house last week, citing the potential loss of state and local property tax deductions – Politico New York

star3 Facebook is working with the Canada-based financial institution Clearbanc to provide cash advances to businesses – PYMNTS


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