legislation

  • ‘Bank’ Case Hearing Set In Vermont

    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...

  • Vermont Regulator Sets Prelim. Hearing Date, Names Hearing Officer of ‘Bank’ Case

    Robert Simpson to hear VSECU 'banking' case.

  • Card Settlement Retail Opposition Grows

    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.

  • Guest Opinion: MBL Hike Could Aid 10 Industries

    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...

  • Dodd-Frank Impact Produces Divergent Views at House Hearing

    WASHINGTON — Two credit union witnesses voiced disagreements over the impact the Dodd-Frank Act has had on their credit unions when they testified July 19 before the House Financial Services Subcommittee on Oversight and Investigations.

  • Editor's Column: It’s a Mad Mad Mad Mad World

    I was galled at the childishness of bankers in Vermont putting the regulator up to blocking a credit union from using the term “banking” in its marketing materials, and the state regulator for his, at best, naiveté. Readers had the same reaction as you can see from the comments posted...

  • Guest Opinion: Dodd-Frank: Two Years and Counting

    Four years ago, our nation was thrown into the deepest economic morass since the Great Depression. No question, the situation was dire. People lost their jobs and their homes. Banks and companies closed. Government officials scrambled to help bolster our fragile economy.

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