UVCC - What does UVCC stand for? The Free Dictionary
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The Banking Department also said UVCC was operating as a private bank that was not federally insured and thus "was engaged in unlicensed activity," said Jill Desrochers, general counsel for the department.
UVCC also plans to raise some money by selling off two pieces of property in North Haverhill and Bath, valued at about $600,000.
The bureau said that UVCC
was selling unlawful securities without registering as a broker, whereas the Banking Department charged that it was operating as a private bank.
Karen Stewart said UVCC
has a "custom fit program" for training employees.