Straight to The Point: July 9, 2018

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star3 The New York Credit Union Association released the July 2018 Retail Fees Report by RateWatch, which breaks down the average fees charged by credit unions and banks on multiple product lines – The Point

star3 Reminder: The New York Credit Union Foundation is offering three separate training sessions this summer for individuals interested in teaching the National Endowment for Financial Education High School Financial Planning Program – The Point

star3 Registration is open for the 2018 Basic Accounting Workshops. The first session will take place in Buffalo on July 24, and the second session will be in Syracuse on July 25 – The Point

star3 With sport utility vehicles taking over American roads, passenger cars are in rapid decline – CU Times

star3 Numerous claims being made by proponents of cryptocurrencies and blockchain simply are not true and are often “absurd,” according to a newly released report – CUToday

star3 The payments processor Square withdrew its application to open a depository bank, although it plans to refile with a top regulator at a later date – American Banker

star3 Americans’ sentiment reached a 17-year high last week on increasingly upbeat views of the economy and personal finances, the Bloomberg Consumer Comfort Index showed – Bloomberg

star3 The U.S. added 213,000 jobs in June, topping economists’ forecasts, while the unemployment rate ticked up to 4 percent from 3.8 percent – New York Times

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