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CU System briefs (07/24/2014)
  • ALBANY, N.Y. (7/24/14)-- New York Gov. Andrew Cuomo Tuesday signed into law a five-year extension of the state's wild card law that provides state-chartered credit unions, banks and thrifts with the opportunity to exercise the same banking powers that are available to federally chartered institutions ( The Point July 23). The Credit Union Association of New York (CUANY) strongly advocated for the law by working diligently with the governor's office and state lawmakers in the weeks and months leading up to its passage. "This extension of the wild card provision is an important piece of the state charter," said Mike Lanotte, CUANY senior vice president/general counsel. "Thanks to the support of lawmakers on both sides of the political aisle, the state's banking charter will remain competitive with the federal charter." ...
  • ST. LOUIS (7/24/14)--Part of the Missouri Credit Union Association's (MCUA) Bank On More program included a "takeover" last weekend of St. Louis' Coffee Cartel ( Missouri Difference July 21). For six hours, Bank On More helped customers "Live Larger" by providing free drink upgrades, which came wrapped with a #BankOnMore coffee sleeve. Coffee Cartel customer Gabriel, left, learns about the credit union locator from Nora Holloway, MCUA public relations/online community director  (Missouri Credit Union Association Photo) ...

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