BizSugar.com › Legal › Courts Make Two Decisions Affecting Credit Unions - Oak Tree Business Systems, Inc.

The NCUA’s authority to amend the rules surrounding the field of membership is upheld, expanding the communities credit unions will be able to serve. Staying informed about the latest legal decisions is critical to the success of any business. For the highly regulated banking industry, even seemingly innocuous decisions can result in added operational costs or unintended non-compliance. Recently, two court decisions should have credit union leadership sitting up and taking notice.