The alternately comic and sad episode over credit union marketing ended in early October with a whimper rather than a bang. And, reliable sources said no custard pies were thrown during negotiations.
An Oct. 5 settlement arising out of the showdown between the $600 million Vermont State Employees Credit Union and its state regulator over use of the word “bank” in advertising leans in the credit union’s favor.
Settlement allows for form of the word.
I read in the issue Aug. 22 issue the letter, “Call for ‘Bank’ Entries,” [page 14] that Gregg Stockdale from 1st Valley initiated. I am in total agreement and have been for years.