CrossState Blog

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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Jan 25, 2023

New Kensington Municipal FCU Mourns Loss of Charter Member 

New Kensington, PA — New Kensington Municipal FCU is sorry to announce the passing of Cecelia Carson on December 19, 2022. She was a charter…

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Jan 25, 2023

Failure to Address Caller ID on Non-IP Networks Could Result in Disruptions 

The Federal Communications Commission should terminate the exemption to call authentication requirements of the TRACED Act for non-IP networks or set deadlines for providers to upgrade to…

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Jan 25, 2023

WOCCU Releases 2023 Global Regulatory Update 

The theme of the World Council of Credit Unions’ (WOCCU) 2023 Global Regulatory Update is that the ability of credit unions to weather financial shocks draws…

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Jan 25, 2023

CFPB Seeks Public Input on Consumer Credit Card Market 

The Consumer Financial Protection Bureau (CFPB) issued a request for information yesterday seeking public feedback on how the consumer credit market is functioning as part…

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Jan 25, 2023

Biden-⁠Harris Administration Announces New Actions to Protect Renters and Promote Rental Affordability 

The Biden-Harris Administration this week announced new actions to increase fairness in the rental market and further principles of fair housing. These actions align with…

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Jan 25, 2023

Key Metrics Businesses Should Watch Pre-Recession 

Inflation is a significant threat to financial stability, affecting the economy, investments, and businesses. The Federal Reserve’s monetary policy of increasing interest rates to control inflation is…

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Jan 25, 2023

Gov. Shapiro Creates New Office of Transformation and Opportunity to Spur Economic Growth, Create Jobs, and Foster Innovation in Pennsylvania   

Yesterday, Gov. Josh Shapiro signed an executive order establishing the Pennsylvania Office of Transformation and Opportunity within the Governor’s Office and the Economic Development Strategy Group. This newly…

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Jan 25, 2023

NJ, PA Rank in Top 5 Highest Corporate Income Tax Rates, According to Tax Foundation 

The nonpartisan Tax Foundation on Tuesday released its research on State Corporate Income Tax Rates and Brackets for 2023 for the 44 states that impose this…

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Jan 25, 2023

CrossState Audit & Compliance Provide CECL Clarification as 2022 Q4 Call Reports Due 

It’s call report time again. The quarter four call report is due by midnight on January 30, 2023. With the Current Expected Credit Losses (CECL)…

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