Straight to The Point: November 22, 2017

To make a donation to the credit unions, employees and volunteers affected by Hurricane Maria, visit the New York Credit Union Foundation’s donation page

Good morning. The New York Credit Union Association and its Affiliates will be closed tomorrow and Friday in observance of Thanksgiving. We’ll resume publication on Monday. Here’s what’s happening ahead of your long weekend:

star3 The CFPB has issued three final rules related to certain 2018 exemption threshold amounts – CFPB

star3 The Credit Unions for Kids #VoteForMiracles promotion starts Nov. 28. Through the campaign, credit unions—through contributions from CO-OP Financial Services and CU Direct—will donate $100,000 to the five Children’s Miracle Network Hospitals with the most votes – Vote For Miracles

star3 Separately, credit unions are encouraged to participate in the Credit Unions for Kids Winter Icon campaign to raise funds for the Children’s Miracle Network Hospitals that serve New Yorkers – The Point

star3 A Senate appropriations bill would maintain funding for the national CDFI Fund and subject the CFPB to the appropriations process – CU Times

star3 Hackers lifted $31 million from the cryptocurrency Tether, renewing concerns about the security of digital coins – American Banker

star3 The Federal Trade Commission has established a fund to help recover money that fraud victims transferred to scammers via Western Union – KrebsOnSecurity

star3 Americans’ access to credit improved while their perceived vulnerability to a financial shock declined, according to the Federal Reserve Bank of New York – Reuters

star3 The Federal Communications Commission on Tuesday announced plans to dismantle net neutrality regulations, clearing the way for companies to charge more and block access to some websites – New York Times

star3 The New York’s State of Mind blog examines the potential appointment of Mick Mulvaney as director of the CFPB and the state’s work scheduling rules – New York’s State of Mind

Leave a Reply