Feb 8, 2021
Rep. Pascrell Renamed to Ways & Means Subcommittee Chairmanship
U.S. Rep. Bill Pascrell, Jr. (D-NJ-9) has been named to another term as chairman of the House Ways and Means Oversight Subcommittee. The 13-term New…
Advocacy Works
Feb 8, 2021
NJ Announces Plan to Follow Fed’s Lead to Enhance the PPP Loan Benefits
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…
Feb 4, 2021
SBA Adds PPP FAQs; FinCEN Affirms FAQs
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…
Feb 3, 2021
CrossState Joins U.S. Chamber, Trade Groups, Others on Support of COVID-19 Liability Reform
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…
Feb 2, 2021
CFPB Issues New Guide to Help Military Families with Financial Challenges
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….
Feb 2, 2021
CUNA Releases Update to the Credit Card MLA Fee Comparison Spreadsheet
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…
Feb 1, 2021
InfoSight Content Updates
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…
Feb 1, 2021
CrossState InfoSight: Don’t Miss a RISK Alert Ever Again
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,…
Jan 29, 2021
CU PolicyPro Newsletter & Content Updates
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…
Jan 29, 2021
NCUA’s Supervisory Priorities for 2021
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…