Straight to The Point: July 12, 2018


star3 Registration is now open for the 2018 Compliance & Legal Conference, which will take place Sept. 11-12 at the Turning Stone Resort Casino in Verona. The two-day conference will focus entirely on the regulatory and legal issues affecting New York’s credit unions – NYCUA

star3 The New York Credit Union Association’s management consultants are available to assist member credit unions with strategic planning – The Point

star3 Reminder: The Association’s Metropolitan Chapter is hosting a credit union day Thursday, Aug. 16, at Yankee Stadium – The Point

star3 Credit unions continued to make gains over other lenders for credit cards, cars and other consumer loans in May, the Federal Reserve reported – CU Times

star3 Judge Brett M. Kavanaugh, nominated by President Trump to fill the vacancy on the Supreme Court, was the author of an appeals court opinion in October declaring the structure of the CFPB unconstitutional – CUToday

star3 CFPB Acting Director Mick Mulvaney announced he has selected Brian Johnson to assume the responsibilities of acting deputy director. Johnson currently serves as principal policy director at the bureau – CUNA

star3 Short-term lending products bridge a financial gap for their users, but the rates that lenders charge—and sometimes obscure as fees—can verge on predatory. Most consumers avoid these products, but active members of the military seem to embrace them – American Banker

star3 Google is making several updates to Google Pay, including introducing peer-to-peer payments – TechCrunch

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