Fed Backs Marijuana-Focused Credit Union February 5, 2018 AggregatedNews News & Insights 0 Comments Fourth Corner won’t serve dispensaries, focusing on ancillary businesses such as accountants and lawyers WASHINGTON—A Federal Reserve Bank has given conditional approval to a Colorado credit union to serve marijuana-related businesses, though to win the Fed’s backing it agreed to… Read More→
Fourth Corner Credit Union Case Not a Hollow Victory July 24, 2017 Mark Goldfogel Colorado, Compliance and Regulations 1 Comment A very substantial amount of resources have been committed to creating a not for profit financial institution in support of the hemp and cannabis movement. This month, The Fourth Corner Credit Union was vindicated in a much celebrated 10th Circuit… Read More→
Pot Credit Union Can Again Seek KC Fed Account June 29, 2017 AggregatedNews Banking, Finance & Real Estate 0 Comments A Colorado credit union will get another shot in its quest to provide banking services to the state's legal marijuana industry as the Tenth Circuit on Tuesday opened the door for the financial institution to reapply for a master account… Read More→
The Federal Reserve versus Fourth Corner Credit Union May 3, 2016 Jerry King Banking, Finance & Real Estate, Cartoons, Policy & Legal 0 Comments Read More→
The Fourth Corner Credit Union responds to the Federal Reserve Bank of Kansas City lawsuit February 1, 2016 Mark Goldfogel Banking, Finance & Real Estate 3 Comments By Mark Goldfogel With our appeal underway in the David vs.Goliath battle over cannabis banking, it’s time that The Fourth Corner Credit Union responds with our thoughts regarding Judge Jackson’s ruling in favor of the Federal Reserve Bank of Kansas… Read More→
Judge Dismisses Denver Credit Union’s Lawsuit Against Federal Reserve January 5, 2016 AggregatedNews Banking, Finance & Real Estate, News & Insights 0 Comments A judge on Tuesday dismissed a lawsuit seeking federal approval for the first credit union for marijuana in Colorado, saying that allowing it "would facilitate criminal activity." U.S. District Judge R. Brooke Jackson said in a nine-page opinion that he… Read More→
Next Month, Fourth Corner Credit Union Will Get Its Day in Court October 29, 2015 Mark Goldfogel Banking, Finance & Real Estate, Colorado, Policy & Legal 0 Comments By Mark Goldfogel On Dec. 28, 2015, The Fourth Corner Credit Union will have its day in court. As a defense to the lawsuit, the Federal Reserve Bank of Kansas City argues this case is about the federal illegality of cannabis,… Read More→