Straight to The Point

Mellin, Lieberman meet with IDC leadership
New York Credit Union Association President/CEO William J. Mellin and VP of Governmental Affairs Michael Lieberman recently met with the leadership of the state Senate’s Independent Democratic Conference to discuss credit union priorities. The meeting provided the Association with an important opportunity to share credit union-related issues with the IDC, who form a majority coalition with Republicans in the Senate.

Due to the makeup of the Senate, the IDC—a group of breakaway Democrats who work closely with Republicans—holds disproportionate influence in the chamber and during budget negotiations.

“Our meeting with the IDC leadership was productive and positive,” said Mellin. “It was an important chance for the Association to share credit union insights with the conference and explain our priorities as we ramp up our advocacy efforts this legislative session.”

Capital Chapter young pros hosting volunteer night in Latham
Young credit union professionals from the New York Credit Union Association’s Capital Chapter are hosting a volunteer night March 22 at the Regional Food Bank of Northeastern New York in Latham. The event will be held from 5-7 p.m., and it is open to all credit union professionals and volunteers, ages 35 or younger.

Participants will be volunteering in the Food Bank’s warehouse, sorting and re-boxing donations. The group will help sort useable items from damaged products, and then repack them for delivery to food pantries directly serving the community.

Volunteers should wear closed-toe shoes and warm, comfortable clothing that they do not mind getting dirty.

To register as a volunteer, email Terri Oakland, vice chair of the Young Professionals Commission, at

The Capital Chapter event is part of the Commission’s larger initiative to coordinate volunteer events at food banks across the state. Details on additional events will be provided in the weeks ahead.

Registration open for Collections & Bankruptcy Conference
Credit union professionals can register for the New York Credit Union Association’s 2017 Collections & Bankruptcy Conference. The conference, which will be held May 2-3 at Association headquarters in Albany, is designed to help professionals tackle some of the most difficult member issues affecting credit unions.

More: 2017 Collections & Bankruptcy Conference

State and National News

Reuters: The Federal Reserve, encouraged by steady economic growth and strong job gains, raised interest rates by 25 basis points – More

CU Times: Consumers want more from their ATM experiences – More

CUToday: Credit union overdraft revenue hit an all-time high last year – More

New York Times: A group of security researchers have found that it’s possible to hack smartphones and wearables through sound waves – More

The Hill: The fight over a border-adjustment tax isn’t the only challenge for Republicans in their push for tax reform – More

New York’s State of Mind

The state is now accepting comments on proposed regulations implementing paid family leave – More