MONTPELIER, Vt. – A formal hearing is now scheduled for Oct. 24 between Vermont State Employees CU and the state’s Department of Financial Regulation over the use of the words “bank” and “banking” by the credit union.

VSECU attended a pre-conference hearing on Wednesday to discuss the details of the hearing and announced more information this morning with a posting on its website, including revealing the date.

Included in that posting was a copy of the final scheduling order, which outlines the various steps both parties must take before the hearing, including deadlines for filing motions, amicus briefs, and exhibit and witness lists.

The full note from Post and a copy of the scheduling order can be viewed at: https://www.vsecu.com/about/communications/pre-hearing-update.


 

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