Advocacy Works

Apr 4, 2021

NJ Expanded Vaccination Program Eligibility, Retail Financial Services Workers Included at CrossState’s, NJBankers’ Request

New Jersey Governor Murphy expanded eligibility for more frontline essential workers and high-risk groups in New Jersey’s COVID-19 vaccination program in early April. Eligible groups included…

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Apr 2, 2021

SCOTUS Narrows Reach of TCPA Autodialer Definition

In an unanimous decision the U.S. Supreme Court (SCOTUS), in its opinion, limited the reach of the Telephone Consumer Protection Act (TCPA) by narrowing what technology qualifies as an…

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Apr 2, 2021

Todd M. Harper Named FFIEC Chairman

Todd M. Harper, Chairman, National Credit Union Administration (NCUA), has been named Chairman of the Federal Financial Institutions Examination Council (FFIEC). His two-year term runs…

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Apr 1, 2021

2020 HMDA Data on Mortgage Lending Now Available

Tthe Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2020 were published on the Federal Financial Institutions Examination Council’s HMDA Platform for approximately 4,400 HMDA filers.  The published data contain loan-level information…

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Apr 1, 2021

CFPB Rescinds Temporary Policy Statements on Consumer Protection Laws

The Consumer Financial Protection Bureau (CFPB) announced it is rescinding seven policy statements issued last year that provided temporary flexibilities to financial institutions in consumer financial markets including mortgages,…

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Mar 31, 2021

Merck Sharp & Dohme FCU Honors the Retirement of CEO Dave Whitehead with Donation

Lansdale, PA — During its Annual Meeting, Merck Sharp & Dohme FCU (MSDFCU) surprised David Whitehead, CEO of MSDFCU, with a $500 donation in his name to the Brandywine…

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Mar 30, 2021

PA COVID-19 Liability Amendment Filed to COVID-19 Legislation

Pennsylvania Rep. Torren Ecker (R-Adams) recently introduced legislation, House Bill 605, that will help provide for the expedited and efficient resolution of lawsuits arising out of exposure…

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Mar 25, 2021

NCUA’s Board Meeting

The National Credit Union Administration (NCUA) held an open meeting on March 18 using live audio webcast. During the meeting, the NCUA Board approved the…

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Mar 24, 2021

CrossState, NJ Bankers Pen Joint-Letters Encouraging Vaccination Priority for Frontline Staff

The CrossState Credit Union Association and the New Jersey Bankers Association joined forces to encourage the state of New Jersey to give vaccination priority for…

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Mar 24, 2021

FinCEN Exchange Brings Together Public and Private Stakeholders to Discuss BSA SAR Statistics

The Financial Crimes Enforcement Network (FinCEN) convened a virtual FinCEN Exchange event to discuss Bank Secrecy Act (BSA) filing statistics for low-dollar, voluntarily-filed suspicious activity reports (SARs) that contain…

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