In a message to the state’s credit unions, New York Credit Union Association board Chairwoman Marie Betti, CEO/treasurer of Western New York FCU, provided a recap of the board’s recent strategic planning session – The Point
Mid-Hudson Valley FCU will host a bus trip to a New York Jets game on Sunday, Oct. 7, against the Denver Broncos – The Point
CUNA Mutual Group released its September Credit Union Trends Report, compiled with data from July. Notably, the report found credit unions originated a record $70.3 billion in the first half of 2018, a 4.1 percent increase over the same time period last year – CUNA Mutual Group
In a move the Association and CUNA strongly oppose, Sen. Elizabeth Warren, D-Mass., introduced legislation that would expand the Community Reinvestment Act to include certain credit unions – CU Journal
The housing market is stalling, and homebuilder stocks are feeling the pain. The S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on track for the biggest annual drop since 2008, when it fell 32 percent – Bloomberg
The Senate banking committee continued to examine how to handle the regulation of fintech, as concerns persist about data aggregation and consumer’s privacy – CU Times
Financial institutions, including credit unions, are urging a federal court to deny a bid by Equifax to have their claims tossed in a multidistrict lawsuit related to the company’s enormous 2017 data breach – CUToday
State Sen. David Valesky, D-Central New York, lost in the Democratic primary earlier this month, but he has not ruled out an independent run – Times Union