CrossState Daily

Aug 4, 2023

CU Alert! Recent Uptick in Cyberattacks Against Credit Unions and Third-Party Service Providers 

From CUNA  The National Credit Union Administration (NCUA) has observed a concerning rise in cyberattacks against credit unions, credit union service organizations (CUSOs), and other…

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Aug 4, 2023

Pennsylvania House Passes Bipartisan Budget That Delivers on Governor Shapiro’s Key Priorities, Makes Historic, Commonsense Investments to Create a Stronger Economy, Safer and Healthier Communities, and Better Schools 

From the Office of Gov. Josh Shapiro   The Pennsylvania House of Representatives passed HB 611, a budget bill for fiscal year 2023-24, which delivers…

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Aug 4, 2023

Last Chance to Sign up for the Enhanced Financial Counseling Certification Program (FiCEP)  

Credit unions recognize that members sometimes lack the skills required to create a sound financial future, particularly when burdened by debt. The CrossState Credit Union…

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Aug 4, 2023

One Week Left to Secure Your Discounted Overnight Stay at Seven Springs 

Don’t miss your chance to stay at the beautiful Seven Springs Resort for Fall Leadership Conference. Registrants can reserve rooms at Seven Springs Resort under…

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Aug 4, 2023

CrossState’s Bancroft and 2023 CU Ambassador Talk About CU Support in Vulnerable Communities at PA Newsmakers  

Julie Bancroft, Strategic Marketing and Communications Officer of CrossState Credit Union Association, along with Sarah Smith, CrossState’s 2023 CU Ambassador joined PA Newsmakers Host Terry Madonna…

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Aug 3, 2023

CrossState Daily…08/03/2023

When Does Innovation Fail? Learn at Fall Leadership Conference  Innovation is supposed to be a good thing, right? Not always, according to Bill McKenna, President…

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Aug 3, 2023

Passing of Charles ‘Chuck’ Furbee, III, Former CEO of Alloya Corporate Federal Credit Union 

Naperville, IL – Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July 29, 2023,…

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Aug 3, 2023

2022 SAR Filing Trend Data Now Available on FinCEN’s Website 

From FinCEN  The Financial Crimes Enforcement Network’s (FinCEN) Interactive SAR Stats webpage now includes Filing Trend Data by industry updated through the 2022 calendar year….

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Aug 3, 2023

Federal and State Regulators Release Updates to the BSA/AML Examination Manual 

From the FFIEC  The Federal Financial Institutions Examination Council (FFIEC), on behalf of its members, released updates to the following sections of the Bank Secrecy…

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Aug 3, 2023

Agencies Update Guidance on Liquidity Risks and Contingency Planning 

From the NCUA  Federal financial institution regulatory agencies updated their existing guidance on liquidity risks and contingency planning. The updated guidance highlights that depository institutions…

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