CrossState Daily

Mar 7, 2023

FHA Publishes Final Rule: Transitioning from LIBOR to Alternate Indices for HUD’s Adjustable-Rate Mortgages 

The Federal Housing Administration (FHA) published the Adjustable Rate Mortgages: Transitioning from LIBOR to Alternate Indices final rule (Docket No. FR-6151-F-03) last week in the Federal Register. In the final…

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Mar 7, 2023

FinCEN Issues Alert on Nationwide Surge in Mail Theft-Related Check Fraud  

The Financial Crimes Enforcement Network (FinCEN) is issuing an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail.  Fraud, including…

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Mar 7, 2023

Sen. Menendez Joins Biden Administration in Announcing $255M to Support Small Businesses 

U.S. Sen. Bob Menendez (D-NJ) joined the Biden Administration in announcing the U.S. Department of the Treasury’s approval to expand access to capital for small businesses…

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Mar 7, 2023

Zest AI to Bring Fast, Fair Credit Access to Credit Unions of All Sizes  

With over 80% of credit unions falling under $300M in total assets, or $100M and under in consumer portfolio size, access to AI-automated underwriting technology is increasingly important to…

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Mar 7, 2023

Prudential Program to Provide Micro-Grants to Local Individuals and Nonprofits 

Prudential Financial has launched the Prudential Community Grants Program to support local, community-based projects that foster stability and growth, with $500,000 in total funding. By…

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Mar 7, 2023

PA Emergency Rental Assistance Program Remains Robust as Projections Point to Funds Running Out before Year-End 

With the onset of the COVID-19 pandemic, the Commonwealth and federal government enacted a renter eviction moratorium to provide temporary relief to renters who may…

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Mar 7, 2023

NJEDA Launches Small Business E-Commerce Support Program  

The New Jersey Economic Development Authority (NJEDA) launched a $1 million pilot program last week that will provide free e-commerce and digital marketing consulting services to small businesses across…

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Mar 7, 2023

New Jersey, Pennsylvania Ranked in Top 10 for Highest Taxes 

Sales tax, property tax, gas tax, income tax — it seems like taxes are everywhere, especially in New Jersey and Pennsylvania. A new report from WalletHub shows…

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Mar 7, 2023

PaCUSC Opens Nominations for Board of Directors 

Pennsylvania Credit Union Service Centers, Inc. (PaCUSC), is accepting nominations for the board of directors.  Two seats are up for four-year terms. The seats are…

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Mar 7, 2023

Learn How to Combat Low Retention, Mental Health, and Financial Stress in Q2 HR Training 

As the second quarter quickly approaches, it’s time to update your calendar with upcoming trainings, events, and education. Among those should be the next training…

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