The Need for a Level Playing Field
Chip Filson points out one major area of difference between federally- and state-chartered credit unions: compensation transparency. Chip asks the question, why should FCUs be exempt from this basic level of accountability to their members?
Federal Credit Unions May Use Federal Courts, Appeals Court Says
In a ruling that sounds strange but that credit unions say is extremely important, a U.S. appeals court affirmed this week that federal credit unions may use the federal court system, reports David Baumann of the Washington CU Daily.
