Vermont Regulator and Credit Union Reach Agreement on Use of ‘B-Word’

In settling with the state regulators, VSECU still may not describe itself as a bank but may use similar words when advertising its services as long as it discloses that it is a credit union.

Federal Reserve Board Responds to Merchants’ Claims in Interchange Suit

The Federal Reserve Board filed a response Friday in a federal court in Washington, D.C., to merchants’ arguments for summary judgment in their lawsuit challenging the board’s debit card interchange fees rule mandated by the Dodd-Frank Act.

New Employee Rights Notices Needed Soon

Credit unions, along with most other private-sector employers, must now publicly post notices of employee rights beginning on Nov. 14, 2011, under a new rule announced by the NLRB.