Straight to The Point: April 26


star3 Last week, Senate Minority Leader Chuck Schumer announced his support for decriminalizing marijuana at the federal level. New York Credit Union Association President/CEO William J. Mellin wrote to Schumer to reiterate the Association’s support for a legislative solution to allow credit unions to serve the legal marijuana industry – The Point

star3 Attendees of the 2018 Annual Meeting & Convention are encouraged to register for the CUNA Mutual Group Golf Tournament to benefit the New York Credit Union Foundation – NYCUA

star3 The state Department of Financial Services is studying the practices, economic impact and operations of online lending in New York, and the department is seeking feedback from all relevant stakeholders, including credit unions – The Point

star3 The bank lobby is expressing support for a call by U.S. Sen. Orrin Hatch, R-Utah, that federal credit unions demonstrate to the IRS why they continue to deserve a tax exemption – CUToday

star3 Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries – CU Journal

star3 The CFPB is likely to do away with the bureau’s public online consumer complaint database – New York Times

star3 Credit unions are among the most “forgivable” American businesses – CU Times

star3 Gov. Andrew Cuomo “strongly urged” state Sen. Simcha Felder, a Democrat who caucuses with the Senate Republican conference, to rejoin the Democratic fold and give the party control of the chamber – Times Union

star3 The Felder storyline will be playing out at least through November, and it will have a huge impact on the shapes and prospects for the credit union legislative agenda for years to come – New York’s State of Mind

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