CrossState Daily

Jan 30, 2023

Board Nominations Close this Week; Submit Your Nomination Today

The nomination period for the election of Directors to the Board of the CrossState Credit Union Association opened January 4, 2023, and will remain open…

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Jan 27, 2023

First Commonwealth FCU Launched Two New Corporate Social Responsibility Initiatives, Investing Over $100K into its Communities  

Lehigh Valley, PA/Phillipsburg, NJ – First Commonwealth FCU has launched two new Corporate Social Responsibility initiatives. Through its “Year of Giving” and Random Acts of Kindness, First Commonwealth FCU…

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Jan 27, 2023

How Do Airplanes Stay in the Air? 

Have you ever wondered how and why airplanes stay in the air? These expensive pieces of metal are more than a modern marvel for more…

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Jan 27, 2023

CFPB Releases Updates to Mortgage Servicing Exam Procedures 

The Consumer Financial Protection Bureau (CFPB) Wednesday released its updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how the CFPB does its work. The Examination Procedures describe…

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Jan 27, 2023

NCUA Board Extends Loan Interest Rate Ceiling; Approves Annual Performance Plan 

The National Credit Union Administration (NCUA) Board held its first open meeting of 2023 and approved two items:  Board Extends Current 18% Interest Rate Ceiling  Consistent with…

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Jan 27, 2023

Political Roundup — January 27, 2023 

Each week, CrossState gathers news regarding the political landscape in New Jersey and Pennsylvania. This week’s stories include a bid to reclaim an assembly seat…

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Jan 27, 2023

Years of Late Tax Payments Cost Mercer County (NJ) Taxpayers Millions, State Audit Finds 

Mercer County, NJ, failed to timely pay state and federal payroll taxes for more than three consecutive years, costing residents millions in penalties and interest, according…

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Jan 27, 2023

Struggling with Staffing? Skills Gap May be to Blame 

The skills gap in the U.S. is rapidly spreading to more organizations, according to Wiley’s latest annual Closing the Skills Gap report, released this week.  Research…

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Jan 27, 2023

NY-NJ Ports Surpass California as Busiest in U.S.  

The Port Authority of New York and New Jersey once predicted its ports would move 9.5 million TEUs — port lingo for standard shipping containers…

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Jan 27, 2023

U.S. Economy Continues to Grow Despite Slowdown 

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and…

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