Straight to The Point
One week left to submit nominations for Recognition Awards
Individuals and credit unions have one week left to submit nominations for the New York Credit Union Association’s Recognition Awards. The awards program honors credit unions, chapters and individuals for their exceptional contributions to the credit union movement, and nominations are due next Friday, March 24.
More: 2017 Recognition Awards
MSIC releases latest Custom Performance Report
The Massachusetts Share Insurance Corporation, in partnership with the New York Credit Union Association, has released the 2016 fourth quarter Custom Performance Report. The reports are available as a benefit of Association membership, and every report is customized to provide each credit union's board and leadership with insights that can ultimately help improve the financial performance of their credit union.
For assistance with accessing the reports, contact the Association's member relations team at email@example.com or (800) 342-9835, ext. 8546.
CU Direct hosting free Lending 360 webinar
Credit union professionals can learn more about CU Direct’s Lending 360 during a free webinar April 12 at 10 a.m. Lending 360 is a comprehensive loan and new account origination system designed to improve member and staff experiences. The webinar will explore Lending 360’s features and how it can benefit credit unions.
State and National News
CU Times: House Republicans will introduce legislation designed to repeal and replace the Dodd-Frank Act – More
CUToday: Credit union loan approval rates continue to remain stagnant, despite rates at big banks hitting record heights – More
Washington Post: A series of corporate gaffes has some experts predicting that Uber’s days are numbered – More
American Banker: Beyond social media, there are dozens of review sites that financial institutions should be monitoring – More
PYMNTS: New research shows the millennial generation is much more cautious than other generations when it comes to payments security as a whole – More
New York’s State of Mind
Banks are pulling back the reigns on lending, but why? – More