Straight to The Point: February 26


Good morning, New York. Save travels to those still making their way down to the CUNA Governmental Affairs Conference. Both the House and Senate will be in session today. The Legislature is adjourned until tomorrow. Here’s what else is happening on this Monday morning:

star3 The 2018 CUNA GAC general session kicks off today, and New York Credit Union Association President/CEO William J. Mellin and Association Board Chairwoman Marie Bettie, CEO of Western New York FCU, will carry the state’s flag during the opening ceremonies – The Point

star3 Mellin submitted a comment letter to the state Department of Financial Services, urging the department to exempt credit union’s from a proposal that would place new requirements on credit life and other life insurance products – The Point

star3 Nominations are now being accepted for the New York Credit Union Association’s board of directors and for positions on the chapter leadership councils. Nominations will remain open until April 11, 2018 – The Point

star3 Thousands of credit union advocates are descending on the nation’s capital for the GAC, and many regulatory and legislative matters remain uncertain – CU Times

star3 First-time buyers rushed into the market last year, making 38 percent of all U.S. single-family home purchases – Bloomberg

star3 Credit card processors continue to find themselves dragged into the debate around gun rights in the U.S. – CUToday

star3 Massachusetts, which is months away from implementing legalized recreational marijuana, is considering creating a state-run bank to serve the industry – Boston Globe

star3 An easing of financial rules could soon unleash pent-up mergers and acquisitions among mid-sized U.S. banks – Reuters

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