CrossState Daily

Sep 26, 2022

NCUA Briefed on SIF, Issues Two Proposals at September Meeting, Member Expulsion and Subordinated Debt 

The NCUA board issued two proposals and heard a quarterly update on the National Credit Union Share Insurance Fund at its Thursday meeting. After nearly…

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Sep 26, 2022

Fed Invites Comment on Updates to Operational Risk Management Requirements  

The Federal Reserve Board on Friday invited comment on updates to operational risk-management requirements for certain systemically important financial market utilities (FMUs) supervised by the…

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Sep 26, 2022

IRS Advises that Improperly Forgiven PPP Loans are Taxable  

The Internal Revenue Service recently issued guidance addressing improper forgiveness of a Paycheck Protection Program loan (PPP loan).   The guidance confirms that, when a taxpayer’s…

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Sep 23, 2022

CrossState Daily 09-23-2022

The Credit Union Ambassador Contest Period is Now Open  The 2022-2023 CU Ambassador Contest for anyone whose Chapter is inactive or not holding a contest…

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Sep 23, 2022

The Credit Union Ambassador Contest Period is Now Open 

The 2022-2023 CU Ambassador Contest for anyone whose Chapter is inactive or not holding a contest is open for submissions. The updated rules & regulations,…

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Sep 23, 2022

NJ, PA Chapter Meetings Available Next Week 

Next Tuesday, September 27, credit union chapters will gather in both New Jersey and Pennsylvania.   The Northern New Jersey Credit Union Chapter will meet at…

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Sep 23, 2022

September is National Preparedness Month, and CrossState Can Help 

Disruptions occur almost every day, so it’s important to have solid plans and programs in place for the continuity of the credit union’s business operations….

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Sep 23, 2022

NJ EDA to Make Low Interest, Small Biz Loans of Up to $50,000   

The New Jersey Economic Development Authority (NJEDA) announced that businesses with 10 or fewer full-time employees and no more than $1.5 million in annual revenue…

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Sep 23, 2022

PennDOT Reminds Customers of Updates to Identification Products and REAL ID Deadline  

The Pennsylvania Department of Transportation (PennDOT) reminds Pennsylvania residents that, as part of ongoing security enhancements, PennDOT is updating the design and enhancing the security…

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Sep 23, 2022

Gov. Wolf Administration Marks Hunger Action Month by Expanding Eligibility for SNAP Benefits, Securing Food Assistance for More Pennsylvanians    

Pennsylvania Department of Human Services Executive Deputy Secretary Andrew Barnes yesterday recognized Hunger Action Month and announced updates to the Supplemental Nutrition Assistance Program (SNAP),…

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