Straight to The Point: February 13


Good morning. The House will meet under suspension of the rules to consider a number of non-credit union-related measures today. The Senate Finance Committee will hold a hearing to examine the president’s 2019 fiscal year budget. The Legislature will also be in session. Here’s what’s happening today:

star3 Staff from the New York Credit Union Association provided legal and compliance updates at a conference in San Juan, Puerto Rico, last week – The Point

star3 Credit union leaders can learn more about the Association’s partnership with Jaeger & Flynn—and how the partnership can help credit unions with the administration of their benefit programs—during a complimentary webinar at 10 a.m. today – NYCUA

star3 The Association will again offer the 2018 Lending School at two locations—one in Albany, the other in Buffalo–this year. Registration is now open – The Point

star3 The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year – CNBC

star3 Some in the credit union industry fear that the removal of net neutrality rules may lead to serious repercussions in operations, payments and marketing – CU Times

star3 A technology company has introduced a solution that links financial accounts to the blockchain and eliminates credit and debit cards by enabling account transfers to token wallets – CUToday

star3 If CFPB Acting Director Mick Mulvaney is tapped as White House chief of staff, that would theoretically leave Leandra English—who has sued the bureau over its leadership transition—as the new acting director – CU Journal

star3 A growing preference among employers for one-time awards instead of raises that keep building over time has been quietly transforming the employment landscape for two decades – New York Times

star3 The Financial Services Information Sharing and Analysis Center indicates that just 8 percent of all cybersecurity heads at financial service businesses report directly to the CEO – New York’s State of Mind

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