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Archive for lawsuit

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One Bank’s $1 Million Naming Mistake

One Bank’s $1 Million Naming Mistake

Alliance Bank has prevailed in a trademark lawsuit against Customers 1st Bank who must now destroy all materials containing the Customer 1st name and find  
1
Credit Union Sues Bank Over Trademarked Scarlet Letter

Credit Union Sues Bank Over Trademarked Scarlet Letter

Trademarked red ‘M’ triggers lawsuit Two Pennsylvania financial institutions will square off in court over who can — and can’t — use a big, red  
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Advanta Forces Avanta to Become ‘Altana’

Advanta Forces Avanta to Become ‘Altana’

Bank trademark trumps credit union The erstwhile Laurel Federal Credit Union is being forced to spend more than $80,000 changing names — again — five  
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Snapshots: Great stories you might have missed

Here’s what’s been making the news in the financial industry lately. Click on the hotlinked summaries to read the full story. Actions or Words? Ads  
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Texas-Sized Trademark Trouble Brewing Over Name

Texas-Sized Trademark Trouble Brewing Over Name

Last week, The Financial Brand reported that Arp State Bank in East Texas was changing its name to American State Bank. The article noted a  
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Naming SNAFUs Plague Multiple Commerce Banks

Naming SNAFUs Plague Multiple Commerce Banks

Okay, sorry, this gets a little complicated. There was a Commerce Bank in New Jersey. But earlier this year, TD Banknorth took them over. That  
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Will the real ‘Vista Bank’ in Texas please step forward

Will the real ‘Vista Bank’ in Texas please step forward

Fight looms, confusion inevitable as two Texas banks now share ‘Vista’ name “We changed our name to soar above the crowd…to set ourselves apart.” –  
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Don’t Use Orange Circles or ING May Sue You

Don’t Use Orange Circles or ING May Sue You

Consider yourself on notice: If you are a bank or credit union using anything resembling this orange dot… …look out. Orange circles may be enough  
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Update: Battle over ‘Commerce’ name heats up

Update: Battle over ‘Commerce’ name heats up

Massachusetts bank puts Canada’s TD in a tough spot A U.S. District judge has issued a preliminary injuction barring TD Banknorth from using the TD  
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Merger creates naming hassles for TD

Merger creates naming hassles for TD

TD merger triggers lawsuit; landmark stadium needs renaming Renaming Boston’s Garden The merger between TD Banknorth and Commerce Bank means the name of ‘TD Banknorth  
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‘Alabama CU’ sues ‘The Credit Union of Alabama FCU’ over name

This 23-page PDF from the U.S. District Court of Alabama should serve as a cautionary tale about what can happen if you choose a new  
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Judge blocks use of bank’s ‘Citizens’ name

Citizens First is apparently the second ‘Citizens Something’ in Michigan. An article in Crain’s Detroit Business reported that Flint-based Citizens Republic won a preliminary injunction