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No reason is given for Kaufman's abrupt exit from the financially troubled credit union, which manages 3,000 taxi medallion loans.

Suit claims the city and taxi commission gave disparate regulatory treatment to Uber and Lyft.

Suit claims the city and taxi commission gave disparate regulatory treatment to Uber and Lyft.

As threats to the taxi industry rise, four New York credit unions are feeling the heat.

Four CUs report struggles due to the ridesharing services that are crushing their FOMs.

Four CUs report struggles due to the ridesharing services that are crushing their FOMs.

LATHAM, N.Y. -- Melrose Credit Union recently held its 86th annual membership meeting and featured guest speaker was State Assembly Banks Committee Chair Darryl Towns (D-Metropolitan).

The New York State Credit Union League is supporting a measure that would allow credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations.