Straight to The Point: March 30


Good morning. State lawmakers are back at the Capitol today—a day they were scheduled to have off—to finalize and ostensibly vote on the state budget bills. Multiple reports say some of the most controversial policy provisions have been dropped in order to hit their midnight deadline. The New York Credit Union Association is closely monitoring the process. Here’s what’s happening on this Friday morning:

star3 A U.S. district court on Thursday struck down two provisions of NCUA’s field of membership rule while upholding two others that were challenged in a lawsuit filed by the American Bankers Association – The Point

star3 NCUA has released information that credit unions can use for calculating and recording the planned Share Insurance Fund equity distribution – The Point

star3 April is National Financial Literacy Month and National Credit Union Youth Month. Once again, CUNA is providing member credit unions with a number of tools and resources to help spread the word about this year’s Youth Month theme, “The Science of Saving” – CUNA

star3 Despite reports that a cashless society is coming, cash use is on the rise across the world, according to a new study – CUToday

star3 Mistyping many common domain names can be a costly mistake that bombards a computer with popups and potentially malicious code – KrebsOnSecurity

star3 Consumer sentiment in March reached the highest level since 2004 – Bloomberg

star3 The outgoing vice chairman of the FDIC on Wednesday warned against rolling back certain aspects of the Dodd-Frank Act – The Hill

star3 Despite jolts from trade war threats, credit unions are “on a course of buoyant growth” – CU Times

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