Straight to The Point: October 23, 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 happy Monday. The House is back in session this week, as is the Senate. Here is what’s happening in the world of credit unions today:

star3 The New York Credit Union Association—through a partnership with the Credit Union Webinar Network—will offer a number of webinars in November – NYCUA

star3 Credit union professionals can now register for the 2017 Credit Union Repossession and Remarketing Summit. The event, which the Association is helping to sponsor, will be held Nov. 8-10 in Cinnaminson, New Jersey – NYCUA

star3 Filene Research Institute will host a complimentary webinar this Wednesday, Oct. 25, at 2 p.m. that will focus on attracting the next generation of credit union professionals and volunteers – Filene

star3 Data breaches continue to rise to record levels, with one report suggesting that breach totals are up 22 percent over last year’s record pace – CU Times

star3 NCUA Chairman J. Mark McWatters said he believes Congress should allow credit unions to serve communities that exist only online – CUToday

star3 New York City Comptroller Scott Stringer says that on-time rent payments should help renters boost their credit score – New York Times

star3 The U.S. retirement age is rising, as the government pushes it higher and workers stay in careers longer – Bloomberg

star3 Despite soaring to record highs, mainstream investors are steering clear of cryptocurrencies like Bitcoin, claiming they are too lightly regulated, too volatile and too illiquid – Reuters

star3 There are several factors that make the credit union tax-exempt status more vulnerable now than at any point in the last 30 years – New York’s State of Mind

 

 

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