Gov. Cuomo signs ‘wild card’ extension into law

New York State Capitol Building, Albany

Gov. Andrew Cuomo signed into law Friday a five-year extension of the state’s 2007 wild card law. Wild card powers provide state-chartered credit unions, banks and thrifts with the opportunity to exercise the same banking powers that are available to federally chartered institutions – a vital mechanism for ensuring the state-charter remains competitive with the federal charter.

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New York CU advocates invited to Hike the Hill in Washington, D.C.

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The New York Credit Union Association is hosting a “Hike the Hill” event exclusively for New York credit union advocates in Washington, D.C. The two-day event will be held Sept. 23-24, and all New York credit union advocates are invited to attend.

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