DENVER (AP) — A Colorado credit union is hoping a federal judge will intervene to let the booming marijuana industry move its finances from cash-stuffed suitcases to the regulated banking system.
A pair of lawsuits filed in Denver this week challenge recent decisions by the U.S. Federal Reserve and the National Credit Union Administration to deny applications from Fourth Corner Credit Union.
Read more... http://www.usnews.com/news/business/articles/2015/07/31/pot-industrys-bank-bid-rejected-by-federal-regulators
