Straight to The Point: March 12


Good morning, and happy Monday. The House will not be in session today. The Senate today will resume consideration of S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. A final vote on the legislation could come this week. The Assembly and state Senate will also be in session. Here’s what else is happening:

star3 Nominations are 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 Registration is open for the Association’s 2018 CEO Roundtable (Up to $100 million in assets) events, which are consistently ranked by participants as being among the Association’s most important and effective offerings – The Point

star3 The Association is currently seeking new candidates to serve on the Young Professionals Commission – NYCUA

star3 A dollar of fraud costs financial institutions $2.67 in chargebacks, fees, interest and labor, according to a new study – CU Times

star3 Credit unions generated millions of social media impressions and more than 45,000 emails to Senators in support of S. 2155 last week – CUNA

star3 If Amazon enters into financial services, the tech giant may steal two crucial customer demographics from credit unions: the underbanked and millennials – CU Journal

star3 Digital experiences are influencing how people manage and make decisions about borrowing and investing – CUToday

star3 “Punycode” allows browsers to render domains with non-Latin alphabets like Cyrillic and Ukrainian, making it easy for fraudsters to spoof domains – KrebsOnSecurity

star3 The CFPB finalized an important change for lenders dealing with bankrupt mortgage holders – New York’s State of Mind

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