Trade group files brief in federal appeals court arguing that credit unions are working in good faith to comply with regulations.
The former CEO at the 77,000 member, $1.5 billion Polish & Slavic Federal Credit Union has sued the credit union’s board of directors, both as a group and individually, alleging he was fired in May for following state and federal laws on equal opportunity hiring.
Human resources lawyers say fired Polish & Slavic FCU CEO Oskar Mielczarek appears to have acted in accord with federal law.
Complaints focus on lack of loan repayment information, difficulty navigating system and roadblocks for borrowers seeking benefits.
It's presidential election season again, which means that with the predictability of a Lindsay Lohan arrest we are once again being told that we are on the eve of the election to end all elections. The political equivalent of the Thrilla in Manila; Voldemort vs. Harry Potter; the decisive battle...
NCUA Chairman Debbie Matz got the regulatory review ball rolling this week when she invited FFIEC principals to the NCUA Board Room.
Merchants Payments Coalition report says interchange rates not to blame for bank fee boosts.
Banker opposition to NCUA’s LICU program is ludicrous. Why do I call it ludicrous? Because their opposition would have to step up several notches on the reasonableness scale to even come close to their normal anti-credit union position of hypocritical.
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.
State banking commissioner cites 1969, 2006 laws in cease-and-desist order against Vermont State Employees Credit Union.