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.
NCUA Board members, NAFCU's Berger, CUNA's Cheney said they look forward to working with McWatters.
Linda Sweet, president and CEO of the $56 million Big Valley Federal Credit Union in Sacramento, Calif., told Congress Dec. 3 the declining number of credit unions in the U.S. is partly due to the mounting compliance burden coming from the federal government.
R Street Institute pundit says NFIP reforms were too modest.
NAFCU witness tells congressional panel that new CFPB rules add to the problem.
CLEVELAND — Michael Ruksenas pleaded guilty Monday as prosecutors note six more arrests to follow in Spirikaitis case.
Trade groups cite modest economic recovery in survey results released Wednesday at National Press Club in Washington.
Monday hearing set for suspect No. 2 in Cleveland CU collapse as court documents reveal cooperation, details of long-running fraud.
Authorities now have permission to sell the million-dollar home of Alex Spirikaitis, the former CEO of the now-shuttered $23.6 million Taupa Lithuanian Credit Union in Cleveland.