Feb 2, 2023
CrossState Daily…02/02/2023
Accepting Lifetime Achievement Award Nominations through February 28 Credit union leaders and volunteers across New Jersey and Pennsylvania have been making a difference in the…
CrossState Blog
Feb 2, 2023
Capital Drive to Support Fledgling Credit Union Underway
Credit union history and principles are rooted in helping underserved communities and advancing cooperation among cooperatives. To support the Organizing Members of Diverge, a Proposed…
Feb 2, 2023
NCUA Issues Letter to FCUs, Includes Agency’s 2023 Operating Fee Schedule
NCUA said in a Letter to Federal Credit Unions (23-FCU-01) that FCUs operating fees will decrease by an average of approximately 1.8% in 2023. The…
Feb 2, 2023
CFPB Issues Notice of Proposed Rulemaking Related to Late Fees for Credit Card Products
The Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking related to late fees for credit card products. The CFPB says it issued…
Feb 2, 2023
U.S. Job Openings Rose to 11M in December
U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve’s effort to cool a hot job market. Openings were…
Feb 2, 2023
President Biden Announces $292M in Federal Funding for Hudson Tunnel Project
President Biden visited Manhattan this week to tout a $292 million federal grant that will help build a new rail tunnel under the Hudson River…
Feb 2, 2023
PA Department of Banking and Securities Issues Cease and Desist Order Against Diamond Money Order Company
On January 31, 2023, the Pennsylvania Department of Banking and Securities issued an Order to Cease and Desist against Diamond Money Order Company, LLC, a…
Feb 2, 2023
Reps. Sherrill, Lawler Introduce Bipartisan Legislation to Provide Relief from the SALT Deduction Cap
U.S. Reps. Mikie Sherrill (NJ-11) and Mike Lawler (NY-17) introduced the Middle-Class Tax Relief Act, bipartisan legislation that will provide significant relief from the unfair…
Feb 2, 2023
Pennsylvania Awarded $8.8 Million Funding Boost, Plus Performance-Based Increase for Low-Income Senior Nutrition Programs
The Shapiro Administration announced this week that the department received a more than $8.8 million increase in federal funding for food access for low-income seniors…
Feb 2, 2023
How Accurate is Punxsutawney Phil? Let’s look at the Last Few Years of Groundhog Day Predictions
Groundhog Day is upon us, and some of you might be asking, “Why are we consulting a groundhog about the weather?” Provided you already know…