A jury has ruled that Michigan First Credit Union was entitled to $5 million in damages from CUMIS Insurance Society Inc. in a case involving a wrongful denial of a fidelity bond claim.
After a seven-year legal battle, Michigan First CU is pleased with a court’s decision to uphold a 2009 verdict in a fidelity bond denial case.
Raising a number of concerns, the $550 million Michigan First Credit Union said it is moving forward with a suit against First Michigan Bancorp Inc. for trademark infringement.
The $550 million Michigan First Credit Union said today it is moving forward with a suit against First Michigan Bancorp Inc. for trademark infringement.
The economic downturn of the past two years has been tough on banks, but it has presented the best opportunity in decades for credit unions to grow by expanding their base of auto loans.
A redesigned website that features personal finance calculators, planning tools and research articles, among other improvements, has been launched by $550 million Michigan First Credit Union.
The majority of credit unions have seen their credit card programs largely unchanged by the implementation of the Credit Card Accountability, Responsibility and Disclosure Act.