Straight to The Point: October 10, 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 Hurricane Maria. To make a monetary contribution, visit the Foundation’s donation page
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Good morning, and welcome back to those of you who had yesterday off. The House is in session today. The U.S. Senate will convene for a pro forma session, with no votes scheduled. Here is what’s happening in the world of credit unions:

star3 The New York Credit Union Association is inviting all credit union leaders, staff and volunteers to attend a rally at the state Capitol in Albany on Oct. 17 – The Point

star3 Reminder: The 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 asset – NYCUA

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

star3 At least nine credit unions have been hit with class-action lawsuits in recent weeks over the accessibility of their websites – CU Times

star3 The Office of the Comptroller of the Currency surprised the financial services world by rescinding guidance that made it more difficult for banks to offer a payday-like product called deposit advance – CU Journal

star3 U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring – Reuters

star3 Many counties with steep declines in department store employment have not seen much, if any, offsetting gain in non-store retail jobs – Liberty Street Economics

star3 A Republican polling firm found wide bipartisan support for a new federal rule banning arbitration clauses – The Hill

star3 The CFPB’s payday lending regulation has many angles to it – New York’s State of Mind

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