The Banking Practice Group provides legal, regulatory and legislative assistance to banks, thrifts, bank and thrift holding companies, credit unions and other financial service providers. Financial services clients include regional, national and international organizations.
An example of the firm’s work with credit unions involves untangling a massive, complex credit union fraud, considered to be the “largest fraud case ever in credit union history,” (Credit Union Times, March 14, 2013). While the federal government handled the criminal aspects of the investigation which involved more than 200 people, Weston Hurd attorneys managed the civil side of the money laundering investigation from a federally regulated institution including: bankruptcies, collection actions and fraudulent conveyances. This multi-state investigation which has transcended international borders involves bankruptcy, banking, white collar crime and litigation.