How One Person Is Helping CUs Clean Up the Taxi Medallion Mess

Robert Schlageter resells 600 medallions in six markets that appear to be making a comeback.

By Peter Strozniak | July 28, 2022 at 04:04 PM

Following a successful taxi industry career that spanned more than four decades, Robert Schlageter was enjoying retirement when he read about the New York state regulator placing Melrose Credit Union under NCUA conservatorship in February 2017 after the New York financial cooperative posted hundreds of millions of dollars in taxi medallion losses.

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