CrossState Daily…12/15/2023

CrossState Joins MD|DC Credit Union Association for a Cyber Security Best Practices Town Hall; Credit Unions Encouraged to Attend! 

In today’s digital landscape, cyber threats pose a growing risk to credit unions. To help navigate these challenges, join us Monday, December 18, at 10:30 a.m., for a virtual town hall. Industry experts will enhance your understanding of cyber threats and share best practices for prevention and response. 

Industry experts include: 

  • John Kutchey, NCUA, Eastern Region Director 
  • Chris Gill, TruStage, Senior Manager, Risk and Compliance Solutions 
  • Derek Laczniak, M3, Director Cyber Liability 
  • Amy Wargo, League Infosight, Director of Risk Management 

The expert panel will address: 

  • Essential internal preparations: Learn best practices and regulatory requirements to ensure your credit union is as cyber-resilient as possible. 
  • Responding to incidents: Guidance on handling a cyber event effectively and minimizing its impact. 
  • Resources: Review of resources credit unions can leverage.  
  • Q&A: Get your questions answered by our panel of experts. 

Sign Up to Attend the Virtual Event 

Apply for the Vizo Financial Empowerment Grant 

Do you have a project that is centered around the promotion of financial education or empowerment but lacks the funds to carry it through? Consider applying for the Vizo Financial Empowerment Grant.  

Read More 

CrossState Offices Close at Noon Today 

CrossState NJ and PA offices will close at noon today for an afternoon of team enrichment. 

Regulatory News 

NCUA Chairman Todd M. Harper Statement on the Final Notice on the Operating Fee Schedule Methodology 

Read Chairman Harper’s statement on the Final Notice on the Operating Fee Schedule Methodology, said during their board meeting yesterday. 

Read His Statement 

Newsmakers 

PSECU Holds Financial Reality Fair for Lehigh University Students 

On November 29, PSECU held a Financial Reality Fair for Lehigh University students, a college in Bethlehem, PA. 

“Financial Reality Fairs are an excellent tool to help students get exposure to the decisions they will have to make when they live on their own,” said Candice Richards, PSECU Regional Membership Development Manager. “Every student needs to have the benefit of this educational experience.” 

PSECU plans to hold another reality fair at Lehigh University in March 2024. 

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