CrossState Daily

Oct 3, 2022

NCUA Posts 2023–2024 Proposed Budget, Sets October 19 Public Briefing  

NCUA announced last week the agency’s staff draft budget for 2023–2024 is now available on the agency’s website for review and comment. The staff draft…

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Oct 3, 2022

IRS Update: States and Local Governments on Taxability and Reporting of Payments from Coronavirus State and Local Fiscal Recovery Funds  

The Internal Revenue Service (IRS) recently updated its frequently-asked-questions (FAQs) (FS-2022-36) on Coronavirus State and Local Fiscal Recovery Funds (SLFR Funds). These funds give eligible…

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Oct 3, 2022

Riverfront FCU Launches Sixth Annual Awareness Makes Cents Campaign 

Wyomissing, PA — Riverfront FCU launched its sixth annual Awareness Makes Cents campaign over the weekend to direct attention to breast cancer awareness and the…

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Sep 30, 2022

CrossState Daily 09-30-2022

House Passes Credit Unions, Leagues-supported Credit Union Board Governance Modernization Act   Thursday, the U.S. House of Representatives passed a package of bills that included H.R….

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Sep 30, 2022

House Passes Credit Unions, Leagues-supported Credit Union Board Modernization Act  

Thursday, the U.S. House of Representatives passed a package of bills that included H.R. 6889, the Credit Union Board Modernization Act. The CrossState, CUNA, and…

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Sep 30, 2022

CrossState Submits Comment Letter to NCUA Regarding Cyber Incident Notification Requirements 

CrossState Credit Union Association recently took the opportunity to comment on cyber incident notification requirements for federally insured credit unions. This would require federally insured…

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Sep 30, 2022

CrossState-requested ELT Measure Passes NJ Senate Committee, Picks-up GOP Co-sponsor   

CrossState-requested legislation (S2736), the latest chapter in the decade-long effort to bring electronic lien and tilting (ELT) to fruition in New Jersey was approved by…

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Sep 30, 2022

Join Wednesday’s Troubled Debt and Bankruptcy Workshop for a Comprehensive Training Session 

Credit unions are likely to see a large increase in bankruptcy filings and troubled loans over the comings years as a result of the end…

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Sep 30, 2022

RecoveryPro Offers a Free Webinar for Credit Unions: Business Continuity Planning 101  

Disruptions occur almost every day so it’s important to have a solid Business Continuity Planning (BCP) in place for the continuity of the credit union’s…

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Sep 30, 2022

Six GOP-led States Suing Biden Administration over Student Loan Forgiveness 
 

Six states are suing the Biden administration in an effort to halt its plan to forgive student loan debt for tens of millions of Americans,…

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