Straight to The Point: October 10, 2018

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star3 Paula Lynch was named the New York Credit Union Association’s downstate management consultant – The Point

star3 The Association, in conjunction with CUNA, today will be releasing the 2018 Mid-Year New York Credit Union Profile Report – The Point

star3 In a recent Long Island Business News article, Association president/CEO William J. Mellin and credit union leaders discussed industry trends and consolidation – The Point

star3 The Joint Committee on Taxation said the credit union tax exemption was likely to cost the government $9.9 billion between 2018 and 2022, which is significantly less than the Trump administration’s estimate of more than $15.7 billion – CU Times

star3 The Worldwide Foundation for Credit Unions, the charitable arm of the World Council of Credit Unions, has issued a “challenge” to the credit union community aimed at expanding the footprint of credit unions globally – CUToday

star3 Inflation may be gradually climbing higher, but Federal Reserve Chairman Jerome Powell’s inflation expectations look like they are still well anchored – Bloomberg

star3 Financial institutions and businesses are preparing for changes in accounting standards, which will affect the way businesses report on leasing costs, revenue recognition, credit losses, financial assets and liabilities – PYMNTS

star3 New Yorkers remain generally confident about the economy, but paying increased gas prices stings. Concerns over gas prices hit 40 percent for the first time since June 2015, when prices were almost three dollars a gallon – Times Union

star3 The blog discusses the new training requirements of New York’s comprehensive sexual harassment prevention – New York’s State of Mind

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