Straight to The Point: August 20, 2018

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star3 The Capital Chapter will be hosting their annual golf tournament on Tuesday, Sept. 25, at the Normanside Country Club in Delmar. This year the net proceeds from golf registrations will benefit the Albany Medical Center Children’s Hospital, part of the Children’s Miracle Network Hospitals – NYCUA

star3 The New York Credit Union Association is again offering two complimentary webinars this year to each member credit union. As a reminder, those interested in utilizing this membership benefit should register for the webinars by Sept. 30 – NYCUA

star3 Registration is now open for the November 2019 session of the National Credit Union Foundation’s Credit Union Development Education training. This weeklong session will be held Nov. 7-14 in Madison, Wisconsin – The Point

star3 Two key Senate Democrats are pushing a plan that would limit overdraft fees at credit unions and banks – legislation that credit unions insist is not needed – CU Times

star3 Credit unions can expect U.S. economic growth to remain above historical averages through the end of 2019 – CUNA

star3 Zelle—a competitor to Venmo and other peer-to-peer payments systems—has seen its user rates skyrocket – CU Journal

star3 Student loan refinancing company Social Finance is looking for a loan of its own after posting a second-quarter loss. The company is in talks with banks to secure a revolving credit line of as much as $1 billion – PYMNTS

star3 An entrepreneur and virtual currency investor is suing AT&T for $224 million, claiming the wireless provider was negligent when it failed to prevent thieves from hijacking his mobile account and stealing millions of dollars in cryptocurrencies – KrebsOnSecurity

star3 The blog analyzes the quarterly report on consumer household debt released by the New York Federal Reserve – New York’s State of Mind

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