Straight to The Point: August 22, 2018


star3 Credit union marketers and communications professionals can now register for the New York Credit Union Association’s annual Marketing Conference on Nov. 8 at the Courtyard by Marriott in Schenectady NYCUA

star3 In a recent letter to NCUA, Association President/CEO William J. Mellin said New York’s credit unions were generally in favor of the agency’s proposal to provide credit unions with greater flexibility in offering Payday Alternative Loans – The Point

star3 Paul Gentile, president/CEO of the Cooperative Credit Union Association, will be leaving the organization to take on the role of president/CEO at Merck Employees FCU in Rahway, New Jersey – The Point

star3 An overwhelming majority of American ecommerce and financial services companies consider identity verification a top priority but don’t believe they do it well or have all the tools for success – CU Times

star3 The Financial Accounting Standards Board released a proposed update Monday to amend the transition requirements and scope of the current expected credit losses, or CECL, standard – Accounting Today

star3 The housing market remains strong, although ongoing inventory shortages and rising rates may be contributing to a slowing of new housing startsCUToday

star3 Former Syracuse Mayor Stephanie Miner submitted petitions to the state Board of Elections so she can run as an independent candidate for governor on the Serve America Movement line – Times Union

star3 Wells Fargo fired agriculture commissioner candidate Nikki Fried as a client because her campaign received donations from “lobbyists from the medical marijuana industry,” according to copies of emails her campaign made publicForbes

star3 New York credit unions would be well-advised to start thinking of their record retention and data destruction policies New York’s State of Mind






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