Straight to The Point: November 21, 2018


Reminder: The Association and our Affiliates will be closed Thursday and Friday for Thanksgiving. The Point will resume publication Monday. Happy Thanksgiving!

star3In the latest episode of CU Broadcast, New York Credit Union Association President/CEO William J. Mellin discussed the innovative ways the Association is helping the state’s credit unions tackle compliance burdensThe Point

star3Former Municipal CU CEO Kam Wong pleaded guilty to embezzling funds from the credit unionThe Point

star3The CFPB recently issued revised versions of the small entity compliance guides for the Loan Originator Rule and the Home Ownership and Equity Protection Act RuleThe Point

star3The vast majority of Americans like their banks’ mobile app and online experience, but about one in six might be wooed to another financial institution for upgraded digital features, according to a new surveyCU Times

star3Democrats are planning to dramatically set up their focus on improving financial services for underserved communities when they take control of the U.S. House of Representatives in JanuaryCUToday

star3U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higherReuters

star3More than 80 officials, including 50 mayors, came to Albany on Monday to discuss their priorities for the upcoming 2019 legislative session Times Union

star3The Internal Revenue Service warned about a new phising scam in which cybercriminals are sending out fraudulent emails impersonating the IRS, claiming the attachments are tax transcripts, to fool recipients into clicking on and opening files containing harmful malwareAccounting Today

star3Burdened by student debt and less inclined to marry young, millennials are putting off homeownership longer than generations pastHousingWire











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