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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Unfair Competition Law (UCL) may be based on violations of the federal Truth in Savings Act (TISA) even though Congress repealed the provision of TISA authorizing a private right of action.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.

Click here to continue reading the latest Legal column on Page 9 within the December/January edition of Credit Union Digest!

 
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INNOVATION PANEL SPURS TAKE-AWAYS updated 10/22/14 05:21 PM
Four CU Perspectives
Attendees at REACH 2014 received a plethora of ideas from Tuesday’s innovation panel to take back to their credit unions—not the least of which included more interaction between employees and leaders, and free-flow of ideas from the bottom up.

WHAT 'REACH' MEANS TO YOUR CU updated 10/22/14 05:00 PM
Unique Cross Section of Opinions
What’s your perspective of “REACH”? And what does it mean to your credit union? On Monday afternoon, the California and Nevada Credit Union Leagues’ 2014 Annual Meeting and Convention was in full swing—so we asked several attendees at this year’s REACH conference their opinion.

MAGIC JOHNSON: REACH FOR NEW HEIGHTS updated 10/21/14 07:20 AM
Delivers Riveting AMC Message
REACH 2014 keynote speaker Earvin "Magic" Johnson challenged leaders attending the California and Nevada Credit Union Leagues’ Annual Meeting and Convention on Tuesday morning to elevate their credit unions to the next level, take their egos out of the game, and "join the team."

PAC GOLF TOURNAMENT RAISES 32k updated 10/21/14 07:08 AM
First Day at Leagues' Convention
More than 80 credit union executives and industry vendors played in the 2014 PAC Golf Tournament on Monday morning at the Mountain Gate Country Club, raising $32,000 for the California Credit Union League’s Political Action Committee (PAC).