CLEVELAND — Alex R. Spirikaitis, the central figure of the $15 million fraud scheme that led to the collapse of the Taupa Lithuanian Credit Union, was sentenced to 130 months in federal prison Dec. 1 by U.S. District Court James S. Gwin in Cleveland.
CLEVELAND — Taupa Lithuanian CEO sentenced to prison. New details emerge about weapons cache.
Credit unions announce promotions and hire new employees in member services, mortgage lending, human resources and IT.
Attention shifts to flood concerns after warm temperatures melt record snow.
Former executives admit to stealing funds at cooperatives in Kansas and Michigan.
Ohio bookkeeper receives 21-month sentence for embezzling $1M from failed credit union.
Former banking executive brings 30 years of financial experience to $508M cooperative.
Pentagon Federal Credit Union subsidiary expands brand with latest acquisition.
The NCUA alleged in a lawsuit that Maria Hernandez, the former CEO of the failed El Paso Federal Credit Union, stole millions to buy homes in Texas, Florida and Nevada, to pay for lavish trips and for gambling.
As November comes to an end, a dozen merger deals were announced or completed in 12 states.