Weekly Roundup for NY Credit Unions: Change Makers and State Updates

Stay informed and ahead with the latest news roundup curated for NY credit unions! This week, we’re highlighting a distinguished industry leader, sharing our empowering scholarship program, and updating you on legislative changes affecting workers’ rights.

Eric Hepkins Recognized with C-Level Executives Award by Buffalo Business First

Eric Hepkins, CEO of Cornerstone Community Federal Credit Union and Chair of the New York Credit Union Association’s Board of Directors, has been honored by Buffalo Business First as a 2023 C-Level Executives Award recipient. With 17 years of banking experience prior to joining Cornerstone in 2018, Hepkins has passionately championed credit unions and spearheaded community-centric programs, while significantly expanding the credit union’s reach and assets.

His leadership philosophy, deeply rooted in making a genuine difference in people’s lives, is evident through his numerous achievements and community engagement. Beyond his role at the credit union, Hepkins serves on the board at the Aquarium of Niagara and has a passion for supporting the Kenan Center, Hospice Buffalo and Habitat for Humanity .

Through working directly with Eric on the NYCUA Board of Directors, President & CEO Willian Mellin knows first-hand how well deserved the accolade is. He remarked, “Eric’s dedication to community and credit union advocacy is truly commendable. On behalf of the New York Credit Union Association, I congratulate Eric on this well-deserved recognition. His accomplishments set a benchmark for our industry.”

Empower Futures with the NYCUA Scholarship Program

Credit unions play a pivotal role in supporting younger members’ educational journeys. And as higher education costs continue to rise, your institution can step up by offering scholarship opportunities. NYCUA’s 2024 Scholarship Program partners with NY credit unions to award scholarships to college-bound seniors. By endorsing this scholarship program, you’re reinforcing your organization’s commitment to education. The best part? NYCUA handles all the paperwork and details so you can focus on getting the word out. Register today!

New York Workers’ Rights Legislation Update

On September 14, 2023, Governor Kathy Hochul signed three significant pieces of legislation aimed at bolstering workers’ rights across New York State. Here’s what you need to know.

  1. Unemployment Benefits Notification: Starting November 13, 2023, employers must give written notices of unemployment benefits eligibility to employees facing job disruptions. This notice should use a DOL-approved form.
  2. Safeguarding Personal Account Info: Starting March 12, 2024, employers can’t request personal account login details from employees or job applicants. Exceptions are present, but personal accounts are protected, and certain entities like law enforcement are exempt.
  3. DOL Nutrition Program Alerts: From January 12, 2024, the Department of Labor must inform unemployment applicants about nutrition programs like SNAP and WIC.

For NY Credit Unions: Be sure to update HR processes to align with these laws. Prioritize the sharing of revised unemployment notices and respect privacy regulations concerning your employees and job applicants.

Upcoming NYCUA Chapter Events

This month, the New York Credit Union Association (NYCUA) is eager to kick off fall with these exciting chapter events. Get your RSVP in to make sure you’re part of the fun!

Capital Chapter: International Credit Union Day Happy Hour on Thursday, October 19 from 5-7 pm at Bye-I Brewing (RSVP by 10/12)
Rochester Chapter: Meat Raffle on Friday, October 20 at 5:30 pm at The Roger Roback Community Center (RSVP by 10/12)
Southern Tier Chapter: Fall Networking Dinner on Tuesday, October 24 at Wild Owl at Baron’s Inn (RSVP by 10/13)
Central NY Chapter: Halloween Bowling Event on Sunday, October 29 from 12-3 om at Flamingo Bowl (RSVP by 10/21)

And that’s just a glimpse of what’s on the calendar this fall. See NYCUA’s lineup for upcoming chapter events, conference, webinars, and more.

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