Legal News for Credit Union Managers Since 1990

Archive for February, 2022

07
Feb
2022

CUSO Employee Contracts Enforced

In this case, the Court addressed whether several employment contracts entered into between the Credit Union and its CUSO were enforceable. Here, the Credit Union desired to sell disability insurance to its members, but the regulations for federal Credit Unions prohibits any activity of this nature for profit. Hence, the Credit Union formed a CUSO […]

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