Straight to The Point: June 1

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star3 The CFPB and FinCEN will host a complimentary webinar Thursday, June 7, at 2 p.m. to discuss combating elder financial abuse – The Point

star3 CUNA Mutual Group has released the May Credit Union Trends Report compiled with data from March. Notably, credit union loan balances rose over the $1 trillion milestone in March, doubling the $500 billion mark set back in August 2006 – CUNA Mutual Group

star3 Reminder: The New York Credit Union Association’s statewide chapters will once again be hosting a number of golf tournaments this summer to benefit the state credit union political action committee, CUPAC, and several dates are fast-approaching – The Point

star3 Between January and March 31 of this year, 65 percent of fraudulent transactions took place using a mobile browser or mobile app – CU Times

star3 Consumers carry an average of 2.32 credit cards, but small business owners average 4.78 cards – CUToday

star3 Assembly Speaker Carl Heastie, D-Metropolitan, said he is “not the biggest fan” of legalizing sports betting in New York, but he will ultimately let the members of his conference make the decision – Times Union

star3 The intensity and immediacy of the social media age have turned corporate crisis management and public relations responses into an exercise where minutes, and sometimes seconds, count – New York Times

star3 U.S. consumer spending posted its biggest gain in five months in April, and inflation continued to rise steadily – Reuters

star3 The new protections for reporting elder financial abuse in S.2155, which was signed into law last month, has plenty of potential loopholes and trip wires – New York’s State of Mind

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