About Jury Orders 4Front CU to Pay over $1 Million "Credit News 24" - Lawsuit,Legal, Credit News 24, we has prepared this article well for you to read and retrieve information in it. Okay, happy reading.

Jury Orders 4Front CU to Pay over $1 Million "Credit News 24"

A jury directed 4Front Credit Union (Traverse, MI) to pay $1,132,124 in damages to John M Floyd & Associates Inc.

John M Floyd & Associates provided overdraft and courtesy pay services for Members First Credit Union.

Members First Credit Union merged with Bay Winds Credit Union to create 4Front in 2015.

Floyd & Associates argued the contract between Members First CU and Floyd & Associates would be extended through 2018 if the credit union shared the company’s services with another entity, according to records filed in 13th Circuit Court.

Jurors determined that 4Front violated the terms of the contract and ordered the credit union to repay John M Floyd & Associates.

Read the story.



Title : Jury Orders 4Front CU to Pay over $1 Million "Credit News 24"
link : Jury Orders 4Front CU to Pay over $1 Million "Credit News 24"