Credit union groups paranoid DOJ could change its mind and reverse guidance that allows accounts for state-legal marijuana businesses.
Despite guidance from FInCEN and the DOJ, legal hurdles remain for state-legal marijuana business accounts.
WASHINGTON – The Colorado congressman said cash-only marijuana businesses risk robbery, assault, fraud and income tax evasion.
Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.
NAFCU's caucus speakers on Wednesday included a call to credit unions to do their own lobbying and not just rely on the trades.
A roundup of Nov. 6 results from the credit union industry perspective.
Here’s a rundown of the top five races that could have an effect on credit union support in Congress.
Here's a look at the top 5 issues, other than member business lending legislation, pushed at NAFCU's 2012 Congressional Caucus.
WASHINGTON — Although speakers at NAFCU’s Congressional Caucus pledged their support for credit union member business lending , not one member of Congress said MBL legislation would be passed before the end of this year.