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By Heather Anderson |
July 1, 2010
The NCUA announced today it has served 18 former U.S. Central FCU directors and officers with demand letters, alleging their breach of fiduciary duty contributed to the failed corporate's losses.
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By Heather Anderson |
February 26, 2010
According to documents posted on the NCUA's Web site (www.ncua.gov), since removed, U.S. Central FCU withheld former executive Dave Dickens' severance during an investigation into whether his actions could have allowed him to be fired "with cause."
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By Heather Anderson |
February 26, 2010
Communication between former U.S. Central FCU executive Dave Dickens' legal firm and the NCUA said the NCUA reneged on U.S. Central's pre-conservatorship severance offer to Dickens.