CrossState Daily

Feb 2, 2023

CFPB Issues Notice of Proposed Rulemaking Related to Late Fees for Credit Card Products

The Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking related to late fees for credit card products. The CFPB says it issued…

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Feb 2, 2023

U.S. Job Openings Rose to 11M in December

U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve’s effort to cool a hot job market.  Openings were…

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Feb 2, 2023

President Biden Announces $292M in Federal Funding for Hudson Tunnel Project

President Biden visited Manhattan this week to tout a $292 million federal grant that will help build a new rail tunnel under the Hudson River…

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Feb 2, 2023

PA Department of Banking and Securities Issues Cease and Desist Order Against Diamond Money Order Company 

On January 31, 2023, the Pennsylvania Department of Banking and Securities issued an Order to Cease and Desist against Diamond Money Order Company, LLC, a…

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Feb 2, 2023

Reps. Sherrill, Lawler Introduce Bipartisan Legislation to Provide Relief from the SALT Deduction Cap 

U.S. Reps. Mikie Sherrill (NJ-11) and Mike Lawler (NY-17) introduced the Middle-Class Tax Relief Act, bipartisan legislation that will provide significant relief from the unfair…

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Feb 2, 2023

Pennsylvania Awarded $8.8 Million Funding Boost, Plus Performance-Based Increase for Low-Income Senior Nutrition Programs

The Shapiro Administration announced this week that the department received a more than $8.8 million increase in federal funding for food access for low-income seniors…

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Feb 2, 2023

How Accurate is Punxsutawney Phil? Let’s look at the Last Few Years of Groundhog Day Predictions 

Groundhog Day is upon us, and some of you might be asking, “Why are we consulting a groundhog about the weather?” Provided you already know…

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Feb 2, 2023

Emerging Leaders: Show Your Commitment to the Credit Union Movement and Apply for the Executive Leadership Program 

Commitment to the credit union movement is critical to its future success and much of that success falls to up-and-coming leaders. The CrossState Credit Union…

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Feb 2, 2023

Super Sweet Savings: Don’t Miss Our Best Rates for Convention 

Come to the Sweetest Place on Earth, Hershey, PA, May 18-20, for CrossState Connect Annual Convention. Bring your credit union professionals for rich content and…

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Feb 2, 2023

Accepting Lifetime Achievement Award Nominations through February 28 

Credit union leaders and volunteers across New Jersey and Pennsylvania have been making a difference in the movement and their communities, committing themselves to the…

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