Five Things You Need To Know To Start Your Credit Union Week

June 8, 2020 at 9:37 am 2 comments

New York State extended until July 6th an increasingly important Executive Order permitting the use of remote notarization.  In recent weeks as we have gotten feedback from credit unions about the key issues to champion going forward, remote notarization has emerged as a top priority.  We will be reaching out to all of you in the not too distant future.  So stay tuned and be ready.  Oh boy!

CUNA Board Passes Racial Justice Resolution

This time really is different.  The protests over the death of George Floyd are sparking discussions not only about police tactics but what industries large and small are doing to make America a fairer place.  The credit union industry is, of course, not immune.  On Thursday, CUNA’s Board passed a resolution committing the organization to come up with concrete steps that the industry could take to address racial inequality by August 10th.

New York State DOH Reduces Quarantine Period From 14 to 10 Days

With New York City beginning the first phase of reopening today, anxious employers should be taking a look at this updated guidance from New York’s Department of Health, generally reducing the quarantine period for persons who are either exposed or who have contracted the virus from 14 to 10 days.  Here is a link to the guidance as well as an analysis provided by Bond, Schoeneck and King, LLC.

Will The Shutdown Hasten The Branches’ Demise?

That is a question that you should all be pondering after reading this article in today’s Wall Street Journal reporting that some early analysis is suggesting that the shift towards remote transactions necessitated by the shutdown may lead to a permanent decrease in branch use.  I will have more to say on this in a future blog.  How exciting is that?

A Summer Without Baseball?

Nothing at all to do with credit unions, but could someone please explain to me why a sport structured to ensure social distancing between competitors can’t figure out a way to play a season while basketball, soccer, hockey and most likely football can?  These are the great questions that keep me up at night.

Have a great day.

Entry filed under: Advocacy, COVID-19, HR, Mortgage Lending, New York State, technology. Tags: , , , , , , , , , , .

Congress Passes Much Needed Improvements To The PPP   SBA Statistics Provide Glimpse Into Credit Union PPP Participation  

2 Comments Add your own

  • 1. Mike Carter  |  June 8, 2020 at 1:49 pm

    It boggles the mind Henry. Baseball should be the first one back!

    Reply
  • 2. Morgan Keith  |  June 8, 2020 at 7:37 pm

    Thanks for the updates Henry!! And so badly missing sports! 😭

    Reply

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Authored By:

Henry Meier, Esq., Senior Vice President, General Counsel, New York Credit Union Association.

The views Henry expresses are Henry’s alone and do not necessarily reflect the views of the Association. In addition, although Henry strives to give his readers useful and accurate information on a broad range of subjects, many of which involve legal disputes, his views are not a substitute for legal advise from retained counsel.

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