Straight to The Point: October 3, 2017

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The New York Credit Union Foundation has activated its Disaster Relief Grants for cooperativas, staff and volunteers in Puerto Rico affected by Hurrican Maria. To make a monetary contribution, visit the Foundation’s donation page
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Good morning. The full House Financial Services Committee will receive an update today from Federal Housing Finance Agency Director Melvin Watt. The Senate banking committee will hold a hearing to examine the Wells Fargo account opening scandal. In other news…

star3 Registration is now open for the 2018 CUNA Governmental Affairs Conference, which will be held Feb. 25 – March 1, in Washington, D.C. New York attendees should register for the event through CUNA and secure lodging through the Association – NYCUA

star3 Deadline approaching: Online registration for the 2017 Volunteer Leadership Conference closes this Friday, Oct. 6 – NYCUA

star3 Credit unions interested in participating in the Association’s 2018 Scholarship Program should register by Oct. 13 – NYCUA

star3 Business groups, including the American Bankers Association, have filed suit asking a federal judge to nullify the CFPB’s recent arbitration rule – CU Times

star3 Lawmakers have re-introduced a bill to exclude veterans’ loans from the statutory credit union member business loan cap – CUToday

star3 U.S. factory activity surged to a more than 13-year high in September, pointing to underlying strength in the economy – Reuters

star3 CUNA will file a lawsuit against Equifax in the wake of the credit bureau’s massive data breach – CUNA

star3 Richard Smith, the former CEO and board chairman at Equifax, is set to testify before three Congressional committees – CUinfoSecurity

star3 With the Supreme Court back to nine members, this promises to be one of its most prolific terms in several years – New York’s State of Mind

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