Straight to The Point: July 19, 2018


star3 SimplyCredit, a business partner of the New York Credit Union Association, will host an informational webinar Aug. 13 at 2 p.m. The company enables consumers to refinance high-APR credit card balances with participating New York credit unions. The webinar will explain SimplyCredit’s digital platform, which is designed to work with the credit union’s mobile banking platform – NYCUA

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

star3 Individuals can register for the 2018 Tri-Chapter Workshop, which will be held Aug. 2-3 in Niagara Falls. The event will include a variety of networking and educational opportunities, as well as a presentation from Kevin Brown, a highly sought keynote speaker – NYCUA

star3 The U.S. House overwhelmingly passed the JOBS and Investor Confidence Act of 2018, which contains an amendment that would delay the implementation of NCUA’s risk-based capital rule – CUNA

star3 The American Bankers Association filed its non-binding statement of issues in its case against NCUA’s field-of-membership rule – CUToday

star3 There were 210 million global fraud attacks detected during the first quarter of 2018, representing a 62 percent increase over the previous year – CU Times

star3 Democrats on the Senate banking committee are calling on the panel’s chairman to delay the hearing for President Donald Trump’s nominee to lead the CFPB – The Hill

star3 Just as CFPB Acting Director Mick Mulvaney fired members the bureau’s Consumer Advisory Board last month, he was also taking steps to re-form the panel with less than a quarter of its sitting members – American Banker

star3 The blog looks at NCUA’s plan to issue dividend payouts from the National Credit Union Share Insurance Fund – New York’s State of Mind

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