Advocacy Works

Mar 23, 2021

CrossState Joins Leagues, Associations Across the Country in Letter to NCUA

CrossState recently joined CUNA and the American Association of Credit Union Leagues (AACUL) in submitting a letter to the National Credit Union Administration (NCUA) that encouraged the NCUA to provide additional relief to credit unions facing prompt corrective action (PCA)…

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Mar 23, 2021

FinCEN Director Blanco Delivers Remarks at FIBA AML Compliance Conference

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco delivered remarks at the Florida International Bankers Association Anti-Money Laundering (AML) Compliance Conference.  Blanco discussed FinCEN’s…

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Mar 22, 2021

NCUA Prepares for Upcoming $368.7 Million Distribution to Credit Unions

The President of the National Credit Union Administration’s (NCUA) Asset Management and Assistance Center, and staff from the agency’s NGN Division briefed the NCUA Board on the…

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Mar 19, 2021

PA Gov. Wolf Administration Partners with General Assembly, Counties to Launch the Emergency Rental Assistance Program

Pennsylvania Gov. Tom Wolf announced the launch of a program that will deliver rapid relief to millions of Pennsylvanians at risk of eviction or loss of utility service….

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Mar 19, 2021

NCUA Board Meeting Summary – CLF, Asset Thresholds Interim Final Rules Adopted

Interim Final Rule – Central Liquidity Facility (Part 725)  The National Credit Union Board held its March meeting yesterday.  The NCUA Board adopted an interim final…

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Mar 18, 2021

The Fed’s First Chief Payments Executive Mark Gould Talks Strategy for the System

The Federal Reserve (Fed) recently named Mark A. Gould as chief payments executive of Federal Reserve Financial Services. As the System’s first chief payments executive, Mark will lead…

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Mar 17, 2021

NCUA Releases 2020 Annual Report Highlighting Policy Initiatives, Accomplishments

The National Credit Union Administration (NCUA) released its 2020 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year.  “Truly unprecedented, the…

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Mar 16, 2021

NCUA Chairman Harper Discusses Focus on Diversity, Equity, Inclusion, and Social Justice

The National Credit Union Administration (NCUA) Chairman Todd M. Harper was the keynote speaker at a Town Hall hosted by Inclusiv, an organization whose mission…

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Mar 16, 2021

CrossState Submits Comments to NCUA

CrossState Credit Union Association recently submitted a comment letter to the National Credit Union Administration (NCUA) regarding communications and information that come from the Administration. The questions submitted were in regard…

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Mar 16, 2021

Senate Republican Lawmakers Announce Plan to Prioritize PA Small Businesses

A group of Senate Republican lawmakers announced a package of bills designed to support small businesses that have been affected by Governor Wolf’s response to the…

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