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By Jim Rubenstein |
August 5, 2012
Vermont’s regulator, now at the center of a bank-credit union scrap over the use of “bank” and “banking” in credit union advertising, last week set Aug. 22 as the date for a preliminary conference hearing on a proposed cease and desist order against the $600 million Vermont State Employees Credit...
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By Jim Rubenstein |
August 1, 2012
Robert Simpson to hear VSECU 'banking' case.
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By Jim Rubenstein |
July 30, 2012
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.
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July 30, 2012
The recent decision by the State of Vermont Department of Financial Regulation ordering the Vermont State Employees Credit Union to stop using words such as “bank” and “banking” in its marketing, communications and advertising begs the question, are you really serious?
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By Jim Rubenstein |
July 24, 2012
The “Battle Over the B-Word” was heating up Tuesday with Vermont's top credit union regulator, bankers and the $600 million Vermont State Employees Credit Union.
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By Jim Rubenstein |
July 20, 2012
The credit union says there is a public outcry for VSECU's cause.
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By Jim Rubenstein |
July 20, 2012
State regulator calls for cease and desist order.
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By Jim Rubenstein |
July 18, 2012
State banking commissioner cites 1969, 2006 laws in cease-and-desist order against Vermont State Employees Credit Union.
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By Jim Rubenstein |
July 18, 2012
CEO Steven Post said he has asked Vermont regulator for more information about complainant and expects hearing on appeal in four to six weeks.
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By Jim Rubenstein |
July 18, 2012
Credit union hit with banker-backed state order to quit using "banking" in ads and marketing.