Straight to the Point: June 5, 2018


star3 The learning labs at the 2018 Annual Meeting & Convention will feature a diverse lineup of expert presenters who will speak on a number of timely topics – NYCUA

star3 CUNA will host a “Small Credit Union Strategic Planning Workshop” on July 1, during the final day of the America’s Credit Union Conference in Boston – CUNA

star3 Reminder: Filene Research Institute and Bethpage FCU will host a complimentary   learning session June 26 in New York City that will explore the future of autonomous transportation, and the implications and opportunities for credit unions – Filene

star3 Four consumer groups are asking a federal judge to deny a request by the CFPB and a payday lending group to place a strict short-term loan rule on hold – CU Times

star3 The Federal Reserve Beige Book shows that all but one of the Fed’s 12 districts saw economic activity expand at least moderately in April and early May – CUToday

star3 Bloomberg: Young Americans are faced with crippling student debt, escalating home prices, surging mortgage rates and a scarcity of listings, yet first-time buyers accounted for 46 percent of new mortgages that Freddie Mac backed in the first quarter– Bloomberg 

star3 Another economist is warning credit unions to prepare for a recession in as little as 18 months – CU Journal

star3 Several economists say the latest jobs numbers are good for the economy, but not necessarily for the housing industry – HousingWire

star3 NCUA used an exception to the traditional notice and comment period requirements to make the changes to its member business lending rule that came as a result of the passage of S.2155 – New York’s State of Mind




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