Governance questions may not get more visceral – who makes the biggest decisions at a credit union? The question is easy to ask, but for some, it can be bafflingly hard to answer.
FINRA suitability recommendations for brokerages are coming into effect July 9.
California Credit Union League President/CEO Diana Dykstra said she’s upset about a string of lawsuits in her state accusing credit unions of unfair and illegal overdraft practices. And she accused attorneys in the state of “fishing for members.”
California League President/CEO Diana Dykstra said attorneys are “fishing for members” to take part in class action lawsuits alleging improper overdraft practices.
The 20,000 member, $353 million GFA Federal Credit Union, headquartered in Worcester Mass., moved a bit closer to finalizing a purchase of a stock-owned thrift when a majority of the bank’s shareholders voted to approve the deal.
Former SEC enforcement chief says unit has been "unprecedented in its success."
Massachusetts credit union's purchase of stock-owned thrift necessitated creation of new application itself from the NCUA, attorney says.
Now you have it, now you do not. Puzzlement has percolated on the part of some in the industry over the insistence by the NCUA that indemnification and coverage of legal fees incurred by the onetime WesCorp officers it is suing are not owed. That is, the defendants (now down...
Longtime credit union attorney and advocate Joseph Melchione, a senior partner of Styskal, Wiese & Melchione, passed away on April 17 from lung cancer.
Los Angeles lawyer Joseph Melchione, a longtime credit union attorney, advocate, speaker and educator, passed away on Tuesday from lung cancer.