Straight to The Point: September 1, 2017

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CUAid has been activated for credit unions and individuals impacted by Hurricane Harvey. Visit CUAid.coop to learn how you can help support your credit union peers in the affected areas.

Good morning. Reminder: The New York Credit Union Association and its Affiliates will be closed Monday, Sept. 4, for Labor Day. Today, the House and Senate will hold what should be one final pro forma session with no votes expected. Both chambers are scheduled to reconvene on Tuesday. Here is what’s happening on this Friday morning:

star3 Credit union advocates in New York City attended another “Economic Empowerment” session with state Sen. Jesse Hamilton, IDC-Metropolitan – The Point 

star3 The New York Credit Union Association’s annual CEO Roundtable in Syracuse will be held Oct. 23-24. The popular event is specifically geared toward CEOs/managers of New York credit unions with up to $100 million in assets – NYCUA

star3 There is still time to register for Credit Unions for Kids’ Miracle Jeans Day, which will be held Sept. 13 – The Point

star3 Cybercriminals are targeting account login credentials of Microsoft Office 365 users to launch attacks from within organizations, including financial institutions – CU Times

star3 After starting the year strong, depreciation rates on used cars are once again exceeding that of trucks – CU Today

star3 Contracts to buy pre-owned homes fell in July, the fourth decrease in five months, as the housing market continues to struggle with a shortage of properties for sale – Reuters

star3 The Commerce Department said that the economy expanded at an annual rate of 3 percent in the second quarter of 2017, the best quarterly showing in two years – New York Times

star3 A new spambot called Onliner can bypass spam filters on its way to stealing passwords, credit card details and other personal information – The Verge

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