Kathleen Gramlich, a former West Virginia credit union CEO, appears in court to face theft charges.
State-chartered banks and CUs in New York must ensure employee incentive arrangements do not encourage inappropriate behavior.
Norma Gold embezzled up to $200,000 from a failed New York credit union over 15 years.
Jonathan Dunning of Alabama is sentenced for stealing more than $16 million from a failed CU.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
Here's a quick look at the reader chatter this past week.
A former credit union employee is charged with embezzling $200,000 over 15 years.
The CFPB cracking down on firms deceiving consumers in a variety of ways.
Are you turning a blind eye to these common traits shared among embezzlers?
CU Times Reporter Peter Strozniak offers insight into what drives someone to steal from their own workplace.