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.
The credit union says there is a public outcry for VSECU's cause.
State regulator calls for cease and desist order.
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.
Credit union hit with banker-backed state order to quit using "banking" in ads and marketing.
Flooded state office building branch remains closed idefinitely.