Straight to The Point: September 5, 2018

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star3 NCUA is inviting credit unions to attend a “Diversity and Inclusion Summit” on Thursday, Sept. 13, in New York City. The event will focus on best practices for promoting diversity in financial services – The Point

star3 The CFPB issued an interpretive and procedural rule on Friday, clarifying HDMA partial exemptions contained in the Economic Growth, Regulatory Relief, and Consumer Protection Act – The Point

star3 The Young Professionals Commission will host a beginner’s golf clinic at the Capital Chapter’s annual golf tournament – The Point

star3 NCUA is evaluating the results of a pilot program testing remote examinations for credit unions – CU Journal

star3 New data shows the average yield on investments rose 13 basis points from the previous quarter, reaching the highest level since December 2010 – CUToday

star3 Given the various strategic options available to financial institutions, the biggest challenge posed by open banking is not technological or regulatory, but organizational – CU Times

star3 A scam targeting homeowners is leaving some without the down payment for their closing on the day the loan is to be signed – CNBC

star3 Old-school retailers are updating their brick-and-mortar locations and customer experiences, leading to some of their best sales growth in years – New York Times

star3 Another domino fell in the taxi medallion chain reaction on Friday when NCUA announced that Melrose CU had been liquidated – New York’s State of Mind

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