Palmetto State credit union's attorney asks Vermont regulator to ensure trademarked "Every Day is Bank Transfer Day" is protected.
The credit union says there is a public outcry for VSECU's cause.
Association of Vermont Credit Unions asks state regulator to relent on order, saying "consumers use the term to describe what they're doing" not where.
State banking commissioner cites 1969, 2006 laws in cease-and-desist order against Vermont State Employees Credit Union.
CEO Steven Post said he has asked Vermont regulator for more information about complainant and expects hearing on appeal in four to six weeks.
Illinois Director of Financial Institutions Robert Meza has been named to the NASCUS Board by Chairman Thomas Candon.
Thomas Candon, NASCUS chairman and deputy commissioner of the Department of Banking, Insurance, Securities & Health Care Administration in Vermont, discussed what his department is seeing at CUs and the internal struggles regulators are facing.
SAN ANTONIO -- State credit union regulators feel they have dodged a big bullet but face challenges ahead. Yet they are more optimistic than not.