CrossState Daily

Feb 17, 2023

What Does the CFPB’s Credit Card Penalty Fees Mean for Your Credit Union? 

On February 1, 2023, the Consumer Financial Protection Bureau (CFPB) issued their proposal to amend Regulation Z regarding Credit Card Penalty Fees.  When the CFPB didn’t…

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Feb 17, 2023

Retail Sales Jump as Americans Defy Inflation and Rate Hikes 

America’s consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly…

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Feb 17, 2023

Political Roundup — February 17, 2023 

This week in politics, the races for the legislative races in New Jersey are heating up with people declaring their candidacy for the primaries and…

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Feb 17, 2023

Booker, Pressley Reintroduce Bicameral ‘Baby Bonds’ Legislation to Tackle Wealth Inequality 

U.S. Sen. Cory Booker (D-NJ) and U.S. Rep. Ayanna Pressley (D-MA) this week reintroduced the American Opportunity Accounts Act, legislation that would create a federally funded savings account for…

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Feb 16, 2023

CrossState…02/16/2023

Lending Conference Early Bird Deadline Tomorrow  Strengthen your lending skills and knowledge wherever you work in the credit union at the CrossState Lending Workshop on…

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Feb 16, 2023

Clearview FCU Announces Lisa Florian as President & CEO 

Pittsburgh, PA — The Clearview FCU Board of Directors is pleased to announce that Lisa Florian will be the first female President & CEO in…

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Feb 16, 2023

FTC Issues Annual ECOA Report to CFPB 

The Federal Trade Commission (FTC) recently sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (ECOA) and…

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Feb 16, 2023

CFPB Urges Adding Federal Prohibitions Against Discrimination in Letter to TAF

The Consumer Financial Protection Bureau (CFPB) and leaders from across the federal government submitted a joint letter this week to The Appraisal Foundation (TAF), the private, nongovernmental…

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Feb 16, 2023

Annual Inflation Eases to 6.4%, but Prices Up 0.5% on Monthly Basis 

The U.S. Bureau of Labor Statistics (BLS) on Tuesday reported that the Consumer Price Index, a key measurement of inflation, rose 0.5% on a monthly…

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Feb 16, 2023

Free Product Demo from CU South: Fraud Monitoring – What if You Had Caught It Sooner? 

If you lost money due to fraud last year, this CU South demo is for you. The FFIEC and CFPB are advising credit unions to…

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