Governor Phil Murphy and State Treasurer Elizabeth Maher Muoio announced that New Jersey will follow the federal government’s lead in allowing forgiven Paycheck Protection Program…
The SBA has added FAQs 54–56 to its Paycheck Protection Program (PPP) FAQs to clarify that the Financial Crimes Enforcement Network’s April 2020 PPP FAQs still apply…
CrossState Credit Union Association recently joined the U.S. Chamber, trade groups, organizations, and businesses in submitting a coalition letter in support of COVID-19 liability reform. Over 580 in…
The Consumer Financial Protection Bureau (CFPB) is providing a new tool to help military families with unique financial challenges brought on by the coronavirus pandemic….
CUNA has released the fourth-quarter 2020 update to the credit card Military Lending Act (MLA) Fee Comparison Spreadsheet, which is now available. As a refresher of the MLA requirements for reasonable and bona…
InfoSight has made the following updates: In the “Loans and Leasing” channel, the “Ability to Repay” topic has been updated to reflect the recent changes…
Customize the “Recently Updated” box on your CrossState InfoSight dashboard to include notifications of new RISK Alerts! All of the RISK Alerts from CUNA Mutual Group are listed and summarized, starting this year,…
A CU PolicyPro Newsletter was distributed on December 23. The newsletter highlights content updates, which includes updates to the following nine policies. Updated Model Policies…
The National Credit Union Administration (NCUA) issued a Letter to Credit Unions, 21-CU-02, regarding its supervisory priorities for 2021. This letter is to assist credit unions…
Legislation (S3234) that would exempt Paycheck Protection Program (PPP) loans to New Jersey small businesses from state taxes advanced, passing the state Senate by a unanimous…
