Authorities now have permission to sell the million-dollar home of Alex Spirikaitis, the former CEO of the now-shuttered $23.6 million Taupa Lithuanian Credit Union in Cleveland.
Former teller accused of embezzling $480,000 while working for CEO Alex Spirikaitis.
Judge's order clears path for sale of former Taupa Lithuanian CEO's suburban Cleveland property.
As federal tax reform lingers on Capitol Hill, Credit Union Times asked industry experts how the elimination of the credit union tax exemption could impact balance sheets.
House hearing brings out opposing viewpoints over rates said to jump as high as 3,000%.
Mississippi lacks standing to enjoin, agency says. Massachusetts AG cites "bureaucratic ostrich headedness."
Eliminating exemption would change playing field, increasing bottom line and management burden, execs argue.
Fed nominee says larger banks in line for more regulation.
Virtual currency topic of Homeland Security committee session next Monday.
Trade group cites "unacceptable financial burden" while reinsurers cast wary eye at blanket subsidies.