Colorado credit unions are taking in stride a law that for the first time requires their regulator to hold public hearings before an institution can expand its membership into a community.

Bankers lobbied for the hearings because they are angry with a decision by a regulator to allow a credit union at Lowry Air Force Base to expand its membership base into the adjacent community of Aurora.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.