(From Mainebiz) – It was five years before the medical marijuana cultivation and dispensary company Canuvo could find a traditional financial institution that would allow…
Compliance Alert: Fidelity Bond Coverage Updates
The Federal Credit Union Act requires that certain credit union employees and elected officials have fidelity bond coverage. New rules concerning this coverage went into…
ABA to Seek a Review of Appeals Court’s FOM Decision
(From Credit Union Journal) – The American Bankers Association is refusing to call it quits in its long-running challenge to the National Credit Union Administration’s field-of-membership…
Helping Credit Unions Comply With the New Probate Code
Earlier this year, the legislature enacted updates to Maine’s Probate Code. Effective September 1, the changes in the law are now in effect and will…