CrossState Daily

Jan 19, 2023

CrossState Members Receive Honors in CommunityVotes Allentown 

Allentown, PA —The CommunityVotes Allentown awards competition came to a close late in December, and several CrossState members were recognized. CommunityVotes Allentown is a voting…

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Jan 19, 2023

FinCEN Identifies Virtual Currency Exchange as a ‘Primary Money Laundering Concern’ 

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued an order that identifies the virtual currency exchange Bitzlato Limited (Bitzlato) as a “primary money…

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Jan 19, 2023

IRS Reminds Employers of January 31 Deadline for Form W-2, Other Wage Statements 

The IRS reminded employers and other businesses to file Tax Year 2022 Form W-2 and other wage statements by January 31, 2023. Employers must file…

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Jan 19, 2023

IRS Selects Nine New IRSAC Members for 2023 

The Internal Revenue Service (IRS) announced the appointment of nine new members to the Internal Revenue Service Advisory Council (IRSAC).  The IRSAC, established in 1953, is an…

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Jan 19, 2023

CFPB Releases Updates to Mortgage Servicing Exam Procedures 

The Consumer Financial Protection Bureau (CFPB) released updated Mortgage Servicing Examination Procedures, providing transparency to stakeholders about how they do their work. The Examination Procedures describe…

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Jan 19, 2023

FinCEN Announces Inflation Adjustments to BSA Civil Monetary Penalties 

The Financial Crimes Enforcement Network (FinCEN) is issuing a final rule today to reflect annual inflation adjustments to its civil monetary penalties as mandated by…

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Jan 19, 2023

NCUA Releases 2023 Supervisory Priorities 

The National Credit Union Administration (NCUA) issued a Letter to Credit Unions (23-CU-01) outlining the NCUA’s supervisory priorities and other updates to the agency’s examination program…

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Jan 19, 2023

PHFA, Catapult, and Partners Launch Effort to Grow Homeownership in Pittsburgh  

The Pennsylvania Housing Finance Agency, Catapult Greater Pittsburgh, and several other local partners are launching a new, pilot homeownership initiative that will work to reduce…

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Jan 19, 2023

NJ Has Diverted $2B from Clean Energy Fund, Report Finds 

 New Jersey has routinely raided the state’s Clean Energy Fund to cover unrelated state budget gaps, diverting almost $2 billion since 2010 away from a…

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Jan 19, 2023

Pennsylvania Education Department Seeks Sponsors for Summer Mealsand Nutrition Programs 

The Pennsylvania Department of Education (PDE) is encouraging organizations across the state to help provide nutritious meals to children in low-income areas during the summer months…

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