Three Northwest states–Washington, Oregon and Montana–have become the nation’s epicenter of merging activity among credit unions, with supporters claiming the trend underscores a higher level of member service.
The credit union says there is a public outcry for VSECU's cause.
State regulator calls for cease and desist order.
David Tuyo expressed excitement about his new position with Lending Solutions Consulting.
Association of Vermont Credit Unions asks state regulator to relent on order, saying "consumers use the term to describe what they're doing" not where.
State banking commissioner cites 1969, 2006 laws in cease-and-desist order against Vermont State Employees Credit Union.
CEO Steven Post said he has asked Vermont regulator for more information about complainant and expects hearing on appeal in four to six weeks.
Credit union hit with banker-backed state order to quit using "banking" in ads and marketing.
Advantis Credit Union chief among CEOs preparing for September meeting of Fed's community banking panel for western states.
Merger of UFCW Local 342 FCU will be the first for $4.7 billion Bethpage in five years.