Straight to The Point: December 3, 2018

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star3 The New York Credit Union Association will host a “Let’s Connect New York” reception for attendees of the 2019 CUNA Governmental Affairs ConferenceThe Point

star3 Jim Doig, the longtime president/CEO of Sidney FCU, will retire at year-end, the credit union announced todayThe Point

star3 The Metropolitan Chapter’s 2018 Joy Cousminer workshop was held last month in New York City. The session, which was geared toward smaller credit unions, focused on accounting basics and the latest compliance updatesThe Point

star3 Mitchell Reiver, the former general counsel and board member of the liquidated Melrose CU, was banned by NCUA from participating in the affairs of a federally insured financial institutionCU Times

star3 Americans’ personal income increased $84.9 billion, or 0.5 percent, in October, according to estimates released by the Bureau of Economic Analysis – CUToday

star3 The House Republican Conference chose ranking members for House committees in the 116th Congress, with several credit union supporters being named ranking members of notable committeesCUNA

star3 The recent massive layoffs at General Motors next year could also have a significant impact on credit unions nationwide – CU Journal

star3 The Federal Housing Administration fully automated the second-appraisal process for reverse mortgage lenders – HousingWire

star3 With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done by security breachesPYMNTS

 

 

 

 

 

 

 

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