Straight to The Point: October 10, 2017

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

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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