The $613 million credit union argues the ACUA's cease and desist order should be voided.
According to a Birmingham lawyer, executives' goals were to make Butler loans acceptable to regulators.
Sarah Moore was CFO leading up to one of the largest bank failures in U.S. history.
Law allows board reimbursement, limits board liability and lowers some operating fees.
John Dee Carruth, CEO of Alabama One, speaks out about his temporary suspension, lawsuits against the credit union and a short annual meeting.
Larry Morgan says he'd rather spend time with family. Gov. Bentley appoints an interim ACUA head. Attorneys in Alabama One lawsuits also speak.
The Alabama One CU, target of a fraud investigation, says the ACUA was manipulated by trial lawyers when it suspended, then reinstated, four employees.
Is a personal feud between Corporate America Credit Union CEO Thomas Bonds, who took a leave of absence from his post last month, and NCUA Office of Corporate Credit Unions Director Scott Hunt the reason behind the delay in NCUA approval of a merger between the $3.7 billion Corporate America...
ACUA Administrator Larry Morgan, who served as a volunteer for Corporate America, says no conflict acting as state regulator in issues with the NCUA.