Straight to The Point: September 21, 2018

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star3 The NCUA board of directors yesterday approved a proposed rule that would raise the threshold for commercial real estate loans needing appraisals to $1 million from $250,000– The Point

star3 Olean Area FCU was recently awarded a Biz Kid$ Financial Education grant from the National Credit Union Foundation. In addition, a number of New York and Puerto Rican credit unions received grants from the U.S. Treasury’s CDFI Fund – The Point

star3 The New York Credit Union Association and the law firm Bond, Schoeneck & King PLLC will be offering a complimentary webinar next Tuesday, Oct. 2, at 12:30 p.m. to explain the state’s new sexual harassment prevention requirementsThe Point

star3 Traditional financial institutions have a real reason to fear Amazon’s potential foray into bankingFortune

star3 Voice fraud rates climbed more than 350 percent since 2013 across several industries, including in financial servicesCU Times

star3 U.S. customer satisfaction rose to the second highest level in the 25-year history of the survey during the second quarter, according to the American Customer Satisfaction IndexBloomberg

star3 U.S. home sales decreased in August but inventory increased for the first time in three years as the housing market continued to struggle despite strength across the broader economyReuters

star3 A number of witnesses told the Senate banking committee that fintech companies should be regulated in the same manner as traditional financial institutions CUToday

star3 There are growing signs that the IRS is emerging as a major roadblock to expanding the marijuana industry, even in states where it is legalNew York’s State of Mind

 

 

 

 

 

 

 

 

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