Department of Financial Regulation

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  Vermont Uncensored the ‘B’ Word

  By Heather Anderson  |  December 19, 2012

  The alternately comic and sad episode over credit union marketing ended in early October with a whimper rather than a bang. And, reliable sources said no custard pies were thrown during negotiations.

• B-Word Settlement in Vermont

  By Heather Anderson  |  October 14, 2012

  An Oct. 5 settlement arising out of the showdown between the $600 million Vermont State Employees Credit Union and its state regulator over use of the word “bank” in advertising leans in the credit union’s favor.

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  Vermont Regulator and VSECU Settle Over Use of the B-Word

  By Heather Anderson  |  October 8, 2012

  Settlement allows for form of the word.

• Vermont ‘Banking’ Dispute Prompts Industry Rally

  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.

• Vermont ‘B’ Word Clash Draws New Industry Input

  By Jim Rubenstein  |  August 8, 2012

  Vermont clash over “bank” and “banking” widened Wednesday as CUNA, two state leagues and a New Jersey credit union weighed in.

• South Carolina Federal Defends ‘Every Day is Bank Transfer Day’ Trademark in Vermont Dispute

  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.

• Vt. Regulator May Nix 'Banking' in CU Ads

  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.

• VSECU Ponders Switch to Federal Charter in ‘Bank’ Ad Dispute

  By Jim Rubenstein  |  July 20, 2012

  State regulator calls for cease and desist order.

• Vermont League Urges Pullback on ‘Bank’ Ad Edict

  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.

• ‘Bank’ Ad Issue Been Around For Years, Says Vermont Regulator

  By Jim Rubenstein  |  July 18, 2012

  State banking commissioner cites 1969, 2006 laws in cease-and-desist order against Vermont State Employees Credit Union.