The $75,253, 43-member Bagumbayan Credit Union is losing money, was hit with Illinois suspension orders in 2012.
The NCUA has issued a cease and desist order to the $5.8 million North Dade Community Development Federal Credit Union of Miami Gardens, Fla.
Settlement talks ordered on "narrowing or eliminating the issues that separate" Vermont State Employees Credit Union, state over use of "bank", "banking" in marketing.
“Every Day Is Bank Transfer Day” promoters in South Carolina were moving ahead this week with new ventures tied to International Credit Union Day.
Hearing on proposed cease-and-desist order set for Wednesday.
The Vermont clash over the words “bank” or “banking” widened last week as CUNA, two state leagues and credit union executives weighed in.
Palmetto State credit union's attorney asks Vermont regulator to ensure trademarked "Every Day is Bank Transfer Day" is protected.
I was galled at the childishness of bankers in Vermont putting the regulator up to blocking a credit union from using the term “banking” in its marketing materials, and the state regulator for his, at best, naiveté. Readers had the same reaction as you can see from the comments posted...
The credit union says there is a public outcry for VSECU's cause.
State regulator calls for cease and desist order.