NY Minute: Wednesday, March 18

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As communicated earlier today in an email to member credit unions, the New York Credit Union Association’s headquarters is temporarily closed to allow for the cleaning and sanitation of the workplace. Staff is equipped to work remotely, and the vast majority of Association services will not be affected by the closure. Please accept our apologies for any delays in processes that cannot be carried out remotely.

star3 Association compliance team committed to assisting CUs through coronavirus pandemic THE NEW YORK MINUTE

star3 FinCEN issues notice to financial institutions about financial-related coronavirus crimes THE NEW YORK MINUTE

star3 Legislature to pass coronavirus legislation NEW YORK’S STATE OF MIND

star3 DFS: Beware of coronavirus-related scams THE NEW YORK MINUTE

star3 Credit unions stepping up operational restrictions to stem COVID-19 CU TIMES

star3 Morgan Stanley sees recession as its ‘base case’ CUTODAY

star3 Coronavirus forcing financial institutions to revamp contact centers THE FINANCIAL BRAND

star3 Chief mortgage regulator working on plan for potential spike in delinquencies from coronavirus CNBC

star3 Largest taxi-medallion loan creditor pauses collections for shaken industry CRAIN’S

 

 

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