|Tom Wolfe, Managing Partner of Moore Brewer Wolfe Jones Tyler and North|
KNOW HOW 'UCL' CAN AFFECT YOUR CU
updated 01/16/14 03:12 AM
Court Case Sheds Light on Issue
In Rose v. Bank of America, the California Supreme Court held that a claim under California’s Unfair Competition Law (UCL) may be based on violations of the federal Truth in Savings Act (TISA) even though Congress repealed the provision of TISA authorizing a private right of action.
The UCL is found in California Business and Professions Code §17200, et seq., and defines “unfair competition” as any business act or practice that is unlawful, unfair or fraudulent, as well as deceptive, unfair, untrue, or misleading advertising.
CEO: BALANCE OPINIONS TO SUCCEED updated
03/11/14 10:30 AM
Arrowhead CU in 'Leader 2 Leader'
The biggest challenge of being a CEO at a credit union is “making sure we have the right combination of people on our team,” says Darin Woinarowicz, CEO of Arrowhead CU.
2014: CU LENDING SECTORS IN FOCUS updated
03/11/14 09:53 AM
HELOCs, Credit Cards, Personal Loans
Which loan sectors should credit unions focus on as the economy prepares for employment and wage growth in 2014?
CO-OP AND ALKAMI FORM PARTNERSHIP updated
03/08/14 08:42 AM
Integrated Online and Banking Solution
CO-OP Financial Services and Alkami Technology, Inc. are banding together on a bundle solution that includes CO-OP Bill Pay and the Alkami ORB Platform. This enables credit unions to offer members a fully-integrated online and mobile banking bill payment solution.