Senate committee’s option papers termed a wakeup call by industry trades.
Tuesday night action repeats lame duck session passage in House. Next up is Senate, which didn't act on measure last session.
House again to vote on eliminating annual mailing after measure passed last year but got no Senate vote.
“If I have anything to do with it, there will not be taxation on our credit unions,” the House Financial Services chairman said.
The NWCUA has sounded the alarm about three bills that aim to tax many credit unions and implement new regulations.
The Vermont showdown over whether a Montpelier credit union can keep on using “bank” and “banking” in its advertising appears headed a for a lengthy legal slog and perhaps compromise following the start of hearings last week by the state regulatory agency.
Vermont’s regulator, now at the center of a bank-credit union scrap over the use of “bank” and “banking” in credit union advertising, last week set Aug. 22 as the date for a preliminary conference hearing on a proposed cease and desist order against the $600 million Vermont State Employees Credit...
Robert Simpson to hear VSECU 'banking' case.
An increasing number of retailers appear to be coming out in opposition to the recent proposed settlement of the antitrust case centering on credit card interchange.
Nearly five years after the housing bubble burst and the financial system collapsed, politicians are still clamoring for new ways to free up capital and spark growth across the country. The most recent effort, put forth by Sen. Mark Udall, proposes to increase the lending limit of credit unions from...