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Take a visual journey and explore the faces behind the California and Nevada credit union movement at a number of events, meetings, fundraisers, and conferences!
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Kinecta and Nix held a month-long collection campaign collecting nearly 600 backpacks filled with school supplies with additional backpacks donated by the Richstone Family Center, Thomas House Family Shelter, and other schools and community organizations.
|By Tom Wolfe, Managing Partner of Moore Brewer Wolfe Jones Tyler & North|
In what turned out to be a $600 million Ponzi scheme, Rex Venture Group, LLC, doing business as ZeekRewards.com, was shut down by the U.S. Securities and Exchange Commission, and its more than 1 million customers were left scrambling to recoup their investments.
In recent weeks, court-appointed receivers began issuing demand letters to financial institutions seeking payment on cashier’s checks wrongfully rejected when first presented as a result of "stop payments."
Although the law hasn’t changed, we revisit the issues involved so credit unions can gain a better understanding of the factors surrounding this story and why they are important to know.