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Florida overturned a ban on credit card surcharges on the grounds that it violates merchants' free speech. Some lawyers doubt that this unusual strategy has legs, but it has worked in a surprising number of courts.
November 5
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Credit union leaders react as state leagues begin to line up on either side of the current requirement that credit unions must belong to both CUNA and their respective state leaguesa rule that many CU executives have long bemoaned.
November 5 -
COLORADO SPRINGS, Colo. In a special member vote, Ent Federal Credit Union members approved a proposal to convert from a federal charter to a state charter.
November 5 -
The heads of CUNA and the California and Nevada Credit Union Leagues argued now is not the time for CUs to break up the CUNA/state league system that works well together.
November 5 -
Two more state leagues have come out on whether credit unions should be required to belong to both CUNA and their respective state leagues.
November 4 -
In what could be seen as another salvo in the battle between payments and financial services 'disruptors' and more traditional financial institutions, five large technology companies Google, Amazon, Apple, PayPal and Intuit have formed a lobbying and advocacy group.
November 4 -
Jersey Shore Federal Credit Union and Atlantic City Firemen's Federal Credit Union, both located in Northfield, agreed last month to merge. They expect the merger to be completed on Jan. 31, including all systems conversions.
November 3 -
MasterCard has appointed Craig Vosburg to president of North America markets.
November 3 -
EL SEGUNDO, Calif. Xceed Financial Credit Union is preparing to launch a new CUSO offering an array of interrelated products and services primarily aimed at bolstering loan growth.
November 3 -
JPMorgan Chase agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.
November 2
