Former executives admit to stealing funds at cooperatives in Kansas and Michigan.
Experts say SchoolsFirst VP David Lugo's brazen $2.6 million computer heist exposes industry-wide gaps in IT controls.
Melissa Rae Rosing receives a prohibition order after pleading guilty to theft from the $15M Southwest Communities FCU.
Sixty-day order shutters Bensenville Community Credit Union and declares it insolvent.
Two employees at a $4.2M Illinois community credit union are sentenced for their crimes.
Debra Pyfrom admits she stole from the $6.3M IBEW Local 816 FCU, which was liquidated by the NCUA July 10.
Tamra Robinson stole cash from the vault, an ATM and teller drawers over a three-year period.
Experts say new threats face credit unions this year when it comes to fraud and theft.
A former Suncoast FCU teller receives a three-year prison sentence for her role in a fake IRS refund check scheme.
Former Jayhawk FCU manager Karolyn Stattelman pleads guilty to stealing $93.5K and helping teller steal $81K.