Straight to The Point: November 30, 2018

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star3 The New York Credit Union Association offers a variety of educational webinars each month designed specifically for New York credit union professionals and volunteers. A number of webinars are scheduled for December, and registration is now open The Point

star3 The Association’s new listserv is geared towards credit unions with less than $10 million in assetsThe Point

star3 NCUA released a new letter to federal credit unions regarding the adjusted operating fee schedule in 2019. The letter is intended to help credit unions calculate their exact operating fees in 2019The Point

star3 Marriott International said that the information of up to 500 million guests’ may have hacked in a breach of its Starwood guest reservation database – potentially one of the largest breaches of consumer data everNew York Times

star3 Rep.-elect Alexandria Ocasio-Cortez, D-14, said she is interested in a seat on the powerful House Financial Services CommitteeThe Hill

star3 A miniscule portion of consumers plan to use checks to pay for their holiday gifts this season, but almost half plan to use “emerging payment methods” such as PayPal, Apple Pay or Venmo CU Times

star3 U.S. consumer spending increased by the most in seven months in October, but an inflation measure tracked by the Federal Reserve posted its smallest annual increase since February Reuters

star3 President Donald Trump reiterated his displeasure with the Federal Reserve and its Chairman Jerome Powell, but Powell can only be fired for cause, and no president has ever attempted to fire a Fed chairman – American Banker

star3 The blog discusses the National Flood Insurance Program expiring, mortgage insurance regarding global warming, and Kathy Kraninger—who was nominated to lead the CFPB—clearing a procedural vote yesterdayNew York’s State of Mind

 

 

 

 

 

 

 

 

 

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