The Financial Crimes Enforcement Network (FinCEN) announced that the agency convened a virtual FinCEN Exchange with representatives from financial institutions, technology firms, third-party service providers, and…
Since the August 3 launch of the CrossState InfoSight website, the CrossState team has been updating, molding, and promoting the site as a go-to resource for our members. Some features that…
The National Credit Union Administration released its draft staff budget for 2021–2022. The draft is available on the agency’s website for review and comment. NCUA has submitted…
Credit unions and representatives from CrossState met with Rep. Lloyd Smucker as part of last month’s Hike from Home event. The discussion focused on credit union service during the COVID-19 pandemic and…
The National Credit Union Administration Chairman Rodney E. Hood testified before the House Financial Services Committee (Committee) Thursday. Chairman Hood was part of a panel…
Two women made history in Pennsylvania’s House and Senate, when lawmakers elected female legislators as floor leaders for the first time in the General Assembly’s 244-year…
The ACH/Electronic Payments channel has been reviewed and a new topic, NACHA Account Validation, has been added to assist and protect financial institutions from posting fraudulent or…
New Jersey Gov. Phil Murphy announced a commitment of at least $60 million in additional Coronavirus, Aid, Relief, and Economic Security (CARES) Act funding for fulfillment of grants under Phase 3 of the…
The Federal Reserve Board (Board) released its second Financial Stability Report of the year. This report summarizes the Board’s framework for assessing the resilience of the U.S….
The Small Business Administration (SBA) published steps last week to apply for Paycheck Protection Program (PPP) loan forgiveness for borrowers that may be eligible for loan forgiveness…
