Straight to The Point: December 5, 2018

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Note: The New York Credit Union Association has been making updates to our daily newsletter as part of a larger effort to revamp our email communications. The ultimate goal is to provide better, more relevant and more accessible content to the New York credit union movement. As such, readers may receive The Point at different times over the course of the next few weeks. Additional and more substantial changes will be rolled out in 2019. If you experience any issues with our email communications, please let us know by emailing communications@nycua.org.

star3 Analysis shows the financial services industry would pay approximately $300 million if the CFPB goes through a name changeThe Hill

star3 The Federal Trade Commission is seeking comment on whether the agency should make changes to its Red Flags Rule and Card Issuer Rule, which require financial institutions to take certain steps to detect signs of identity theftPYMNTS

star3 Homeowners are getting their refinance applications rejected. In fact, the rejection rate is the highest since the Federal Reserve began polling consumers about their credit experiencesHousingWire

star3 CUNA Mutual Group has acquired the fintech startup Mirador, a digital lending platform for small businesses The Point

star3 Nominations are open for the New York Credit Union Association’s 2019 Recognition Awards, which honor credit unions and individuals for their exceptional contributions to the credit union movement The Point

star3 Auto loans, credit cards and personal loans all saw year-over-year growth in subprime originations this past quarterCUToday

star3 With the simple click of a mouse, credit union members, volunteers and employees can make a difference in the lives of the sick and injured children in their community through the annual Credit Union for Kids’ “Vote for Miracles” promotionThe Point

star3 New alliances and acquisitions in the fintech world would appear to have at least some influence on credit union members when it comes to payment processing, onboarding, voice banking and marketing CU Times

star3 For the first time in over a decade, the U.S. Treasury yield curve invertedNew York’s State of Mind

 

 

 

 

 

 

 

 

 

 

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