melrose credit union

Competition with Uber sparks audit of taxi lenders

State regulators are conducting sweeping audits of the credit unions financing the teetering yellow-taxi industry, which is losing business to app-based car-hail services such as Uber, The Post has learned....

Uber's 'illegal e-hails' destroying yellow cab industry: suit

The value of the once-vaunted New York City taxi medallion has dropped by more than 40 percent in recent months and will soon become “worthless” unless the city puts the brakes...

Taxi medallion lender threatens lawsuit over Uber's 'illegal' hails

A taxicab medallion lender claims Uber’s electronic hails are illegal and sent letters to the TLC and Mayor Bill de Blasio threatening a suit if the city doesn’t act. Melrose...