Red River Employees Federal Credit Union Sued

Red River Employees Federal Credit Union was sued by a Louisiana bank over trademark infringement.

“The lawsuit was filed on October 24 in the Western District of Louisiana federal court after the purchase and assumption by Red River Federal Credit Union of liquidated Shreveport Federal Credit Union, which had branches in the trade area of the bank.

The bank contends that the entry of the credit union into its market area has generated customer confusion.

The complaint alleges that the credit union is infringing on its trademark and engaging in unfair trade practices in violation of federal law and in violation of the Louisiana Unfair Trade Practices Act.”

Read more in the article from Credit Union Watch.

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