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.
It’s now up to Gov. Andrew Cuomo to ink a new law that expands field of membership rules for state-chartered credit unions.
Group founded in 2010 adds six members at Credit Union Association of New York annual meeting and convention.
Volunteers, professionals to get recognition at annual meeting next week of the Credit Union Association of New York.
Empire State would follow Congress in eliminating ATM fee disclosure requirement that has spawned lawsuits.
The other good news for the Empire State is that 73% of its credit unions reported a positive return on assets as of Dec. 31, 2012. Statewide, New York’s credit unions earned an average ROA of 87 basis points, slightly higher than the national average of 86.
New York state credit unions best national ROAA average by a point while absorbing Sandy's blow.
The Credit Union Association of New York, in partnership with the New York Credit Union Foundation, is making its annual meeting and convention more accessible to attendees under the age of 35 through two grant opportunities. A young professional convention grant will make registration for the 2013 convention, to be...
CUANY backs bill that would mirror federal measure eliminating electronic and physical fee disclosure.
A White House petition written by Callahan & Associates Chairman Chip Filson asks President Obama to select NCUA board members who “understand the shared economic value for people and communities created by the cooperative model.”