Straight to The Point: September 5, 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, happy Monday. Both the House and the Senate are scheduled to reconvene after breaking for most of August. Here is what’s happening this morning:

star3 In a recent comment letter to NCUA, New York Credit Union Association President/CEO William J. Mellin commended the agency’s plans to fold the Temporary Corporate Stabilization Fund into the Share Insurance Fund. However, Mellin expressed concerns with certain aspects of the agency’s approach – The Point

star3 Several annual chapter golf outings to benefit the state credit union political action committee, CUPAC, are approaching – The Point

star3 Young credit union professionals from the Catskill-Hudson Chapter are hosting a volunteer meet-up in Montgomery on Sept. 9. Participants will serve as volunteers at the Orange County Senior Games – The Point

star3 Some credit unions may soon begin repaying some of their employees’ student loans in an effort to attract and retain talent – CU Times

star3 September will be a busy month on the regulatory front, when comments on a number of proposals important to credit unions are due – CUToday

star3 Andrew Cuomo and Attorney General Eric Schneiderman are prepared to sue the federal government if President Trump ends the Deferred Action for Childhood Arrivals policy – Newsday

star3 Instagram is warning that as many as 6 million users were affected by a hack of its systems, which is more than it first suspected – CUinfoSecurity

star3 A U.S. judge said Yahoo must face nationwide litigation brought on behalf of well-over 1 billion users who said their personal information was compromised in three massive data breaches – Reuters 

 

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