Straight to The Point: August 28, 2018

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star3 NCUA has issued guidance regarding the customer due diligence and beneficial ownership provisions that are part of the Bank Secrecy Act/Anti Money Laundering Rules – The Point

star3 With autumn approaching, the New York Credit Union Association is reminding member credit unions that the Association’s management consultants are available to assist with strategic planning – The Point

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 the regulatory and legal issues affecting New York’s credit unions – NYCUA

star3 Millennials may have conflicted attitudes toward money, but according to one recent study, a lot of them are razor-focused on retirement – CU Times

star3 Lenders mailed out more offers for personal loans than credit cards for the first time during the second quarter of this year according to new data – CUToday

star3 Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest rate increases – CU Journal

star3 Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years — Bloomberg

star3 A top official at the CFPB in charge of protecting student borrowers from predatory lending practices has stepped down – NPR

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