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Banks, credit unions stinging from court losses turn to legislature

The revival of a bill that would allow banks to change contract terms without explicit consent from their users rang alarm bells for consumer advocates but faced little opposition in

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Banks, credit unions turn to Legislature after stinging court losses – Indianapolis Business Journal

The revival of a bill that would allow banks to change contract terms without explicit consent from their users rang alarm bells for consumer advocates but faced little opposition in the Indiana House. Additionally, the proposal would override two recent opinions from the Indiana Supreme Court.

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Indiana bank bills could erode consumer protections

Indiana bank bills could erode consumer protections
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IN Supreme Court: Credit union member's silence on proposed agreement addendum did not constitute acceptance

A woman who filed a class-action complaint against a credit union didn’t accept an addendum to an agreement that would have forced arbitration, a split Indiana Supreme Court has ruled in reversing a trial court’s decision.

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