Two employees to pay combined restitution of nearly $775,000.
Former Laclede Community Credit Union president to pay $93,430 in restitution for bank fraud charge.
Strong internal controls are just one source of prevention.
Firm debuts restrictive endorsement tools to prevent double dip check cashing.
Gambling addiction led to stealing $250,000 from Members 1st FCU and a Pennsylvania bank.
From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
Louisa Gabaldon pleads guilty to withdrawing $118,000 from accounts at Belen Railroad Employees Credit Union.
Timothy J. Coughlin embezzles $10 million through a bogus credit union, receives seven-year sentence.
Man who sold bogus certificates through a fake credit union must pay restitution and a civil penalty.
ALEXANDRIA, Va. — Matz and McWatters disagree on priorities at monthly NCUA board meeting.