Straight to The Point: September 28, 2017

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Good morning. Both the House and Senate are in session today. Banking committees in both chambers will hold hearings, with no legislative business scheduled that would impact credit unions. Here is what’s happening this morning:

star3 The New York Credit Union Association’s Events & Training department is conducting an online survey to learn more about the wants and needs of the state’s credit unions when it comes to professional development sessions – The Point

star3 Reminder:  The New York Credit Union Association will host a complimentary webinar Oct. 5 at 11 a.m. to assist member credit unions with undertaking fiduciary responsibilities with respect to stable value investment options – NYCUA

star3 The 2017 Volunteer Leadership Conference, scheduled for Oct. 20-21 at the Turning Stone Resort Casino in Verona, will feature expert session presenters and two separate learning tracks for directors and supervisory committee members – NYCUA

star3 A data breach at the Sonic Drive-In restaurant chain may have impacted millions of credit and debit cards accounts – Krebs on Security

star3 The latest Republican tax reform plan appeared to leave the credit union tax exemption untouched, but advocacy on the issue is still needed – CUToday

star3 Phishing attacks against financial organizations nearly doubled in the second quarter of this year – CU Times

star3 Income and net worth among U.S. families increased broadly between 2013 and 2016, a reversal to years of stagnation – Reuters

star3 President Trump’s tax plan would nearly double the standard deduction for individuals and married couples – The Hill

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