CrossState Blog

Jan 26, 2023

NCUA Issues Federal Credit Union Operating Fee Schedule for 2023 

The NCUA Board issued a letter to credit unions (23-FCU-01) advising that the Board unanimously approved at its December 2022 meeting the agency’s 2023 operating and capital budgets. As…

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Jan 26, 2023

Have You Heard of CFPB’s Circulars? 

In May 2022, the Consumer Financial Protection Bureau (CFPB) started creating and issuing Circulars. Their first one (2022-1) provided guidance on why this new method of communication…

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Jan 26, 2023

U.S. Treasury Announces Second ECIP Application Round; Applications Due January 31

The U.S. Department of the Treasury’s second application round of Emergency Capital Investment Program (ECIP) funding closes January 31, 2023. Treasury anticipates between $160 million and $340 million…

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Jan 26, 2023

The Pandemic Triggered Unprecedented Financial Policies. Now What? 

The pandemic set into motion a series of historically unprecedented economic policies. Massive amounts of liquidity and stimulus from policymakers enabled a fast recovery, but…

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Jan 26, 2023

Demand for Materials and Components Declines, Increasing Recession Likelihood 

The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs — shows declining demand for raw materials,…

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Jan 26, 2023

Treasurer Stacy Garrity Announces $50 Million Savings Milestone for Keystone Scholars Families  

Treasurer Stacy Garrity announced that families who have registered their child’s Keystone Scholars accounts have saved more than $50 million for their children’s future education…

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Jan 26, 2023

NJ Group Partners to Help Older Adults Find Work with Age-Friendly Employers 

Hamilton, NJ-based New Jersey Advocates for Aging Well (NJAAW) said it has a unique opportunity for New Jersey employers to address talent shortages through participation in the…

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Jan 26, 2023

Celebrate Your Credit Union’s Great Financial Education Work by Submitting Your Efforts to the Leaders in Financial Literacy Awards 

Your credit union has run some great financial literacy programs this year. Make sure your team is recognized for the great work they’re doing in…

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Jan 26, 2023

Credit Union Board Modernization Legislation Expected on House Floor 

An important CrossState-supported piece of legislation, Credit Union Board Modernization Act, is expected to be on the U.S. House Floor next week.   The legislation would…

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Jan 25, 2023

CrossState Daily…1/25/23

Spend a Day (or Two) with Don Arkell at March Lending Workshop  Strengthen your lending skills and knowledge wherever you work in the credit union…

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