Straight to The Point: December 4, 2018


star3 Sunmark FCU announced that it has acquired Delmar Owens Corning Fiberglass FCU through a merger – The Point

star3 The state Department of Financial Services will ask a federal judge to issue an injunction prohibiting the Office of the Comptroller of the Currency from issuing bank charters to fintech companies, according to the agencyCU Times

star3 New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small businesses nationwide Bloomberg

star3 Credit union advocates attending the 2019 CUNA Governmental Affairs Conference are strongly encouraged to submit their Hill Meeting Request forms to help New York Credit Union Association staff secure meeting times with federal lawmakers The Point

star3 Bernie Winnie, president/CEO of Firefighters Credit Union in Boston, was named interim CEO of the Cooperative Credit Union Association – CUToday

star3 Credit unions are encouraged to participate in the Credit Unions for Kids’ Winter Icon campaign to raise funds for the Children’s Miracle Network Hospitals that serve New Yorkers – The Point

star3 Mastercard and Next Retail Concepts announced a new way to shop online this holiday season, with a new digital environment that lets shoppers browse and buy as if they were in a physical storePYMNTS

star3 New York City taxi drivers are committing suicide at an alarming rate, with the city’s tax commissioner calling the deaths an epidemicNew York Times

star3 Federal financial regulators, including NCUA, recently issued a joint statement encouraging banks and credit unions to “consider, evaluate and where appropriate responsibly implement innovative approaches” to meet their BSA compliance obligations New York’s State of Mind









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