Credit union groups paranoid DOJ could change its mind and reverse guidance that allows accounts for state-legal marijuana businesses.
Despite guidance from FInCEN and the DOJ, legal hurdles remain for state-legal marijuana business accounts.
WASHINGTON–Senate Judiciary Committee witness says Congress should follow Obama's 2011 plan that mandates breach reporting. Some businesses would be exempted.
Consultant responds to recent opinion piece in favor of Dodd-Frank mandated diversity initiatives.
The Republican-led House Financial Services Committee grilled the CFPB director on building renovations.
Failure to pass the bill could mean skyrocketing premiums that could drop home values, NAFCU's Brad Thaler says.
Municipal Credit Union Chairman Mark Brantley and Consultant Marvin Umholtz provide point and counterpoint on Dodd-Frank mandated diversity initiatives.
Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.
NCUA Board members, NAFCU's Berger, CUNA's Cheney said they look forward to working with McWatters.