Straight to The Point: June 1, 2017

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Good morning, and safe travels if you’re on the way to Convention! For the next four days, we’ll be celebrating our state credit union movement, the New York Credit Union Association’s 100-year anniversary and this year’s Convention theme, “A History Worth Repeating.” The weather looks pretty good for Bolton Landing the next few days. The Legislature, House and Senate are not in session. Here are your headlines:

star3 Credit union leaders, professionals and volunteers from throughout the state are gathering in Bolton Landing on Lake George today for the Association’s 2017 Annual Meeting & Convention – The Point

star3 Individuals can register for the Association’s June webinars, which kick off today. As a reminder, the New York Credit Union Association is offering member credit unions access to two complimentary webinars as a benefit of membership, but registrations must be made by June 30 – CU Webinar Network

star3 NCUA joined other federal financial regulators in issuing an advisory on the limited availability of state-certified and -licensed appraisers – NCUA

star3 The American Bankers Association asked a federal judge to nullify NCUA’s Field of Membership rules – CU Times

star3 Nearly half of Americans who refinanced their homes during the first quarter of this year chose the cash-out option – CUToday

star3 A Federal Reserve governor told a business trade group that the Fed should raise its benchmark interest rate “soon,” despite weak inflation – New York Times

star3 Recent ransomware attacks underscore the need to educate staff and shore up technology defenses – PaymentsSource

star3 The May 2017 edition of the Global Fraud Index found that fraud overall has gone down by 34.7 percent since the first quarter of 2016 – PYMTNS

 

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