CrossState Daily

Jun 24, 2022

TQC Celebrates its 35th Client Onboarded to its Revolutionary Recruiting Model 

After having launched their revolutionary recruiting model in 2020, TQC- a nationwide talent acquisition firm dedicated to serving the credit union industry – has announced…

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Jun 24, 2022

Financial Action Task Force Identifies Jurisdictions with Anti-Money Laundering and Combating the Financing of Terrorism and Counter-Proliferation Deficiencies  

The Financial Crimes Enforcement Network (FinCEN) is informing U.S. financial institutions that the Financial Action Task Force (FATF), an intergovernmental body that establishes international standards…

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Jun 24, 2022

CFPB Announces Review of Credit Card Financial Institution Late Fees, Penalties 

The Consumer Financial Protection Bureau (CFPB) is taking the first step toward addressing credit card company penalty policies costing consumers $12 billion each year, starting…

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Jun 24, 2022

CFPB, NCUA Rules on Spring 2022 Unified Agenda 

Federal regulators, including the Consumer Financial Protection Bureau and NCUA—issued the Spring 2022 Unified Agenda of Regulatory and Deregulatory Actions. The agendas identify projects under…

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Jun 24, 2022

FHA Extends Temporary Partial Waivers to its Home Equity Conversion Mortgage Policy for Senior Borrowers Impacted by COVID-19 

The Federal Housing Administration (FHA) Thursday issued the following temporary partial waivers to its Home Equity Conversion Mortgage (HECM) policies. These waivers provide mortgagees with…

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Jun 24, 2022

Inaugural Commute in The Jetson Flying Car Complete – CEO Says it Can Make You a Pilot in 5 Minutes 

Many of us were promised flying cars by the time we grew up. It seemed a reasonable enough goal while watching George whiz around on…

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Jun 24, 2022

Choice One Partners with Fork Over Love to Distribute 250 Meals to Community 

Wilkes-Barre, PA — Choice One Community Credit Union recently partnered with Fork Over Love to distribute 250 meals via a drive through distribution in the…

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Jun 23, 2022

CrossState and Credit Union Leaders Meet with Rep. Dan Meuser, Key Small Business Committee Members  

CrossState gathered with credit union leaders at CUNA’s Washington, DC, headquarters to meet with Republican members of the U.S. Committee on Small Business.  The event provided…

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Jun 23, 2022

Cannabis Banking Legislation Passes PA House Commerce Committee; Remote Mortgage Legislation Also Passes 

CrossState-supported cannabis banking legislation has passed the PA House Commerce Committee and will now head to the House Floor for approval. The bill clarifies Pennsylvania…

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Jun 23, 2022

U.S. Rep. Chris Smith Did Best in Towns that Already Knew Him Well 

U.S. Rep. Chris Smith (R-Manchester) may have beaten podcaster Mike Crispi with relative ease in the recent primary in the redrawn 4th congressional district, but…

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