New York credit union advocates wrapped up the 2018 State Governmental Affairs Conference yesterday with a full day of legislative visits in Albany – The Point
The New York Credit Union Association and the Credit Union Webinar Network will host a number of educational webinars next month, including sessions on finance charges, escrow compliance, consumer loan documentation and more – NYCUA
Reminder: Individuals can learn more about the customer due diligence requirements in the Bank Secrecy Act during an NCUA webinar at 2 p.m. today – The Point
Senate Finance Chairman Orrin Hatch, R-Utah, is asking the IRS to require federal credit unions to file annual information returns with the agency in an effort to ensure that they are complying with the role Congress gave them – CU Times
NCUA Chairman J. Mark McWatters sent a response to Hatch’s January letter that publicly questioned the validity of the credit union tax status – CUToday
Democrats won two special elections in the state Senate, inching the conference closer to holding the majority – City & State
However, State Sen. Simcha Felder, a Democrat from Brooklyn, announced on Tuesday that he will continue to caucus with Republicans, helping the GOP keep a slim majority in the chamber – New York Times
Acting CFPB Director Mick Mulvaney has repeatedly pointed to data security as a defect in the bureau’s supervisory program, but security experts question is comments and approach – CU Journal