New York Gov. Andrew Cuomo signed a bill into law Dec. 17 that will allow state-chartered credit unions to combine select employer groups, association and community groups into a single field of membership.
New law allows state-chartered credit unions to combine SEGs and other groups in a single field of membership.
Next year, New York debtors can limit debt collection communication to email only.
CardHub CEO says First PREMIER Bank is trying to prevent consumers from looking at competing card offers.
The $2.7B State Employees FCU is the only credit union partner in a statewide effort to expand loan access for minority and women-owned businesses.
The $2.7 billion cooperative is the only credit union participating in the state program designed to expand capital access to minority and women-owned businesses.
Governor calls proposed regs "groundbreaking." They would, among other things, forbid such coverage from insurer affiliated with servicer.
State joins New York, federal laws that waive requirement for on-screen and physical notice of fees.
Bill signed Thursday by Gov. Andrew Cuomo brings Empire State into conformity with national law.
Legislation that expands the ability of credit unions to provide financial services to New Yorkers and their families has passed the State Senate and Assembly. The new measure, sponsored by Sen. Joseph Griffo and Assemblywoman Annette Robinson, enhances the credit union state charter through expanded membership and investment options.