Straight to The Point: September 4, 2018

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star3 NCUA announced on Friday the liquidation of the Queens-based Melrose CU. Teacher’s FCU, based in Hauppauge, assumed all of Melrose CU’s members and shares, as well as some loans and other assets – The Point

star3 The New York Credit Union Association’s 2018 Volunteer Leadership Conference, scheduled for Oct. 19-20 at the Turning Stone Resort Casino in Verona, will include two days of peer networking, entertainment and insightful presentations specifically for New York credit union board directors and supervisory committee membersNYCUA

star3 As a reminder, registration is open for the New York Credit Union Association’s 2018 CEO Roundtable event in Syracuse. The event will take place Oct. 23-24 and is specifically focused towards CEOs of member credit unions with up to $100 million in assetsNYCUA

star3 CFOs and financial employees are the most at risk of being targeted in business email compromise schemes according to the latest global research report from Barracuda NetworksCU Times

star3 Despite the emphasis on digital wallets, credit cards aren’t going away soon, a new report indicates. In fact, a new TransUnion report found credit card usage to be at an all-time highCUToday

star3 CUNA has partnered with other financial services organizations to create a white paper, “Understanding ATM Attacks,” explaining how cybercriminals conduct such attacks and how financial institutions can protect consumers CUNA  

star3 Bank of America is facing scrutiny amid reports they have been freezing the bank accounts of customers suspected of not being legal U.S. citizensThe Hill

star3 U.S. consumer sentiment fell to a seven-month low in August as households worried about rising prices amid a robust economy and tensions between the United States and its main trade partnersReuters

 

 

 

 

 

 

 

 

 

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