NCUA announced the liquidation of LOMTO FCU. Teachers FCU, based in Hauppauge, assumed all of LOMTO CU’s members and shares, as well as some loans and other assets – The Point
New York Credit Union Association President/CEO William J. Mellin shared credit union system updates at the Utica-Rome Chapter’s dinner meeting last week – The Point
Thomas Novak, director of digital banking of Visions FCU, was named a Credit Union Rock Star by CUNA – The Point
Facebook is reporting a data breach that exposed the personal information of nearly 50 million users, but it also released new additional details on just what the breach entails – CUToday
The Federal Reserve published a final rule amending subpart C of Regulation CC to address check alteration disputes when the paper check is unavailable for inspection – CUNA
Twenty-two percent of consumers who have already had their personal or bank information stolen by a data breach said they would not shop at a small business that had fallen victim to a data breach, according to a new survey released by Bank of America – PYMNTS
As Congress struggles over how best to regulate fintech companies, credit unions renewed their call for a regulatory regime that is as strict as the one they must follow – CU Times
Hudson Hemp is one of the few legal hemp farms in the state, and may be a harbinger of what could become an agricultural economic driver in New York – Times Union
Five things to think about including fintechs and the recent mishaps at Equifax – New York’s State of Mind
