With assistance from the New York Credit Union Association, VAC Employees FCU was recently granted a community charter to serve Steuben County – The Point

 CUNA Mutual Group released its July Credit Union Trends Report, compiled with data from May – CUNA Mutual Group

 The Association—through a partnership with the Credit Union Webinar Network—will offer a number of webinars this month, and they kick off today – NYCUA

 The U.S. consumer banking industry faces nearly $50 million per day in potential losses from credential stuffing attacks, according to the 2018 Credential Spill Report from Mountain View, CA — based Shape Security – CU Times

 CUNA will be engaged with several Senate floor activities this week, including consideration of several bills that would have an impact on credit unions. The Senate Banking Committee will also vote on the nomination of Kathy Kraninger to serve as Bureau of CFP director – CUNA

 It’s looking more and more like the NCUA’s controversial risk-based capital rule will not go into effect in 2019 as planned. What’s less sure is whether that will take place in 2019, 2020 or at all – CU Journal

 By the first quarter of 2018, U.S. household debt reached an all-time high of $13.2 trillion. The composition of debt has changed, thanks in part to an extended period of low interest rates. But the crisis did not teach a lesson about the perils of borrowing too much – American Banker

 U.S. consumer spending posted a fourth-straight solid advance in June, fueled by steady income growth and underscoring strength in the biggest part of the economy. Inflation, meanwhile, topped estimates – Bloomberg

 New York City Public Advocate Letitia James has the lead among four Democrats vying to be the party’s state attorney general nominee, but a plurality of likely primary voters are still undecided, according to a Siena Research Institute poll – Times Union