Three executives on administrative leave following federal investigation of Centra Health Credit Union.
Fraud contributed to more than 40% of federally insured cooperatives closing their doors forever.
Employees of the $10.4 million Centra Health Credit Union are put on leave while authorities investigate altered account statements.
Achieve Financial CU executive says he was forced to wear an explosive device in robbery attempt.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.
The NCUA approves 19 mergers in December. At this rate, only 5,400 credit unions will remain in 2018.
Jeffrey Serafin admits to role involving former Wilkes-Barre City Employees FCU manager, police officers and a contractor.
The NCUA issued prohibition orders Dec. 31 that banned six former credit union employees from federally insured institutions. Three of the six were from the $12.6 million OTS Federal Credit Union in Honolulu, which an FBI agent described as a den of thieves
Among the NCUA's monthly prohibition orders are three former OTSFCU employees charged with running separate fraud schemes.
TruMark Financial fraud investigator connects the dots for local authorities and prevents additional account theft.