CrossState Daily

Jul 27, 2022

Fed: Regulation Implementing the Adjustable Interest Rate (LIBOR) Act 

On July 19, 2022, the Board of Governors of the Federal Reserve System (Board) issued a notice and request for comment on a proposed regulation…

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Jul 27, 2022

Delaware Court Renders Opinion – OD Opt-in Notice Template Did Not Shield CU from REG E or State Law Liability   

A Delaware federal court has refused to dismiss a class action complaint filed against a credit union that alleges the credit union violated Regulation E…

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Jul 27, 2022

CFPB Orders Hyundai to Pay $19 Million for Widespread Credit Reporting Failures 

The Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America (Hyundai) yesterday for repeatedly providing inaccurate information to nationwide credit reporting companies and failing to…

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Jul 27, 2022

Non-Prosecution Agreement Reached with UBER in Resolution of 2016 Data Breach Coverup 

Ride-sharing service Uber has recently reached an agreement with the U.S. Department of Justice to resolve a criminal investigation into its massive 2016 data breach…

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Jul 27, 2022

CHROME FCU Conducts Active Shooter Training 

Washington, PA — CHROME FCU worked with the Washington County Sheriff’s Department to conduct Active Shooter Training for 23 CHROME employees. The training was presented…

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Jul 26, 2022

CrossState Daily 07-26-2022

#ILOVEMYCREDITUNION Day Coming Friday   This Friday, July 29, marks #ILOVEMYCREDITUNION Day. This is the time of year when credit unions come together to share…

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Jul 26, 2022

#ILOVEMYCREDITUNION Day Coming Friday  

This Friday, July 29, marks #ILOVEMYCREDITUNION Day. This is the time of year when credit unions come together to share their unique experiences serving members…

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Jul 26, 2022

CrossState Compliance Team Provides Free ‘Statutory Lien and Right of Offset’ Webinar  

Join Attorney Matthew Urban of Weltman, Weinberg & Reis Co., L.P.A., to learn what credit unions need to know to properly enforce a statutory lien…

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Jul 26, 2022

PA Lowers Corporate Tax Rate, Widening Disparity with NJ  

Pennsylvania lawmakers have lowered their state’s corporate tax rate by 1% effective January 1 — the first step on a path that will gradually reduce…

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Jul 26, 2022

PA Rep. Houlahan Calls for Debt Reduction in Reconciliation Package 

 U.S. Rep Chrissy Houlahan last week called on the U.S. Senate to reduce the country’s national debt of more than $30 trillion as part of…

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