The Federal Financial Institutions Examination Council (FFIEC) yesterday released updates to four sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual). The updates affect the…
On Monday, February 22, President Biden announced changes to (the Small Business Administration’s) SBA’s coronavirus relief programs to ensure equity. The White House has issued a Fact Sheet to…
The Consumer Financial Protection Bureau (CFPB) Tuesday issued updated Ability-to-Repay/Qualified Mortgage (ATR/QM) guidance. The CFPB updated the small entity compliance guide and other compliance aids for the ATR/QM Rule….
The National Credit Union Administration (NCUA) held an open meeting on February 18 using live audio webcast. During the meeting, the NCUA Board approved a final…
CrossState’s Compliance Advocacy Team is hosting the following free webinars in March and registration is currently open. Writs of Execution (PA & NJ) March 16,…
CrossState Credit Union Association recently submitted a letter to the National Credit Union Administration (NCUA) Board, commenting on the proposed rule to permit federally insured credit unions (FICUs) to…
The COVID-19 global pandemic has significantly affected Pennsylvania workers, businesses, and communities. To bolster economic recovery efforts and position Pennsylvania for economic growth, Gov. Tom…
Pennsylvania Gov. Tom Wolf signed a fourth renewal of his 90-day Proclamation of Disaster Emergency for the COVID-19 pandemic. The first proclamation was signed on March 6, 2020, following…
The Small Business Administration (SBA) is taking more strides to improve the Paycheck Protection Program (PPP) so that small businesses can access much-needed PPP funds to persevere…
PA Department of Labor & Industry (L&I) Acting Secretary Jennifer Berrier and Pennsylvania Office of Attorney General (OAG) Chief Deputy Attorney General Brian Zarallo urged Pennsylvanians to…
