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By Jim Rubenstein |
August 27, 2012
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.
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By Jim Rubenstein |
August 22, 2012
Settlement talks ordered on "narrowing or eliminating the issues that separate" Vermont State Employees Credit Union, state over use of "bank", "banking" in marketing.
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By Jim Rubenstein |
August 21, 2012
Hearing on proposed cease-and-desist order set for Wednesday.
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By Jim Rubenstein |
August 12, 2012
The Vermont clash over the words “bank” or “banking” widened last week as CUNA, two state leagues and credit union executives weighed in.
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By Jim Rubenstein |
August 6, 2012
Palmetto State credit union's attorney asks Vermont regulator to ensure trademarked "Every Day is Bank Transfer Day" is protected.
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By Jim Rubenstein |
July 30, 2012
The banking industry’s longstanding effort to deter or prevent credit unions from using the words “bank” and “banking” in advertising was advanced to a new plateau last week with a proposed cease and desist order placed by the state’s top regulator on the $600 million Vermont State Employees Credit Union.
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By Jim Rubenstein |
July 19, 2012
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.
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By Jim Rubenstein |
July 18, 2012
CEO Steven Post said he has asked Vermont regulator for more information about complainant and expects hearing on appeal in four to six weeks.
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By Jim Rubenstein |
June 18, 2012
Vermont’s fourth largest credit union, the $346 million Vermont Federal Credit Union, may be charting new ground in dealing with the Occupy movement. It now has a Burlington activist on its board.
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By Jim Rubenstein |
June 13, 2012
University of Vermont research assistant wins spot on credit union board after contested, publicized campaign.