NY Gov. Cuomo Signs Bill Allowing CUs to Accept Public Deposits From Key Program

"With this new law, more New Yorkers will have critical access to the credit union and financial system," the state league's CEO says.

By David Baumann | December 18, 2019 at 02:26 PM

New York Gov. Andrew Cuomo has signed legislation allowing credit unions to participate in the state's Banking Development District program, marking the first time credit unions will be eligible to accept public deposits in that state.

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Regulatory & Compliance

1 Coastal & Truliant Credit Unions Join Auto Forces

2 Minimum Wage Workers Find It Harder to Meet Rent

3 Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

4 CLF & FOM Expansion Bills Introduced

5 Driving Loyalty Forward: Car Rentals in the New Era of Credit Union Rewards

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CLF & FOM Expansion Bills Introduced

By Michael Ogden | December 20, 2024

The credit union industry, for the most part, supports these efforts to encourage CU growth.

Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

By Peter Strozniak | December 20, 2024

Roberta Kozlowicz will become CEO at DuPage CU in January, succeeding Diane Shelton, who will retire at the end of year after 40 years of service.

Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

Coastal & Truliant Credit Unions Join Auto Forces

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Coastal & Truliant Credit Unions Join Auto Forces

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