Democrats have striven to paint recent scandals at Wells Fargo and Equifax as prime examples of why a regulatory rule banning mandatory arbitration agreements should be upheld, but Republicans are not wavering on their desire to overturn it.
First Green Bank in Florida started researching the business after its chairman saw how medical marijuana had helped his wife cope with a severe injury. The bank is now turning a profit a year after adding its first pot-related client -- and there could be lessons there for credit unions.
Even though the role of credit union CFOs has been evolving to be more strategic in nature, the traditional responsibilities around accounting and reconciliation remains the same and continues to be the key to adhere to required regulatory compliance standards.
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