The New York Credit Union Association is encouraging all New York credit union advocates to continue urging the governor to sign legislation that would allow credit unions to participate in the Banking Development District Program.
Continue reading “Association: CUs need to stay engaged on BDD legislation”
New York Credit Union Association President/CEO William J. Mellin and Association staff provided updates at the Adirondack Chapter’s town hall event on Tuesday.
Continue reading “Mellin, Association staff provide updates at Adirondack Chapter town hall”
Protecting the credit union tax status at the state level is the New York credit union movement’s top legislative priority for the year ahead, according to results from the New York Credit Union Association’s 2020 Legislative Survey. The survey included responses from participants representing credit unions in every asset tier and from every corner of the state.
Continue reading “Association shares results from state legislative survey”
New York Credit Union Association President/CEO William J. Mellin recently submitted a letter to the CFPB commenting on a proposal to raise the Home Mortgage Disclosure Act compliance threshold, and an Advanced Notice of Proposed Rulemaking examining a reduction in the number of discretionary data points that the CFPB requires mortgage lenders to collect.
Continue reading “Mellin comments on CFPB’s HMDA proposal, ANPR”
New York’s credit unions have a long, established history of helping consumers, but the taxi medallion crisis is threatening that hard-earned reputation, New York Credit Union Association President/CEO William J. Mellin explained in a recent letter to NCUA Chairman Rodney Hood.
Continue reading “Mellin to NCUA’s Hood: Consider CU reputation when dealing with medallion loans”
