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.
This Opinion piece looks at credit union public relations strategies for the new year.
In less than two weeks, we’ll ring out 2013, a year we’ll long remember as the one where the credit union industry turned a corner and found a smoother path.
The NCUA's estimated 2014 corporate assessment range of zero marked the end of a costly era for federally insured credit unions.
The NCUA's estimated 2014 corporate assessment range of zero marks end of costly bailout.
ALEXANDRIA, Va. — In what was arguably the most important meeting of the year, the NCUA board approved a 6.7% in the 2014 operating budget, no projected corporate assessment for 2014 and a final CUSO rule. All items on the agenda received yes votes of approval from all three board...
ALEXANDRIA, Va. — There will not be a corporate assessment in 2014, the NCUA Board said Thursday.
Industry experts say due diligence can help credit unions avoid losses like those suffered by the $620 million Alabama One Credit Union in Tuscaloosa, Ala., and the Small Business Administration, which were defrauded of more than $3 million by a businessman.
Losses like the $3 million case involving the SBA and Alabama One can be avoided, experts say.