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By Heather Anderson |
January 4, 2013
Confidential deal with former WesCorp CFO wraps up cases against former officers of collapsed corporate.
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By Heather Anderson |
May 24, 2012
Most credit union leaders decline comment on order against failed corporate leaders but some criticism emerges.
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By Heather Anderson |
May 18, 2012
Two former CEOs have been banned from working again for corporates but are allowed to work elsewhere in the industry.
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By Heather Anderson |
July 14, 2010
The NCUA served 18 former executives and directors of U.S. Central with demand letters, alleging their breach of fiduciary duty contributed to the conserved corporate's losses.
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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 |
March 29, 2010
Corporate America Credit Union's case against U.S. Central Federal Credit Union's former directors and executives is going to court. U.S. District Court Judge Inge P. Johnson filed the order March 25, setting a Dec. 6 trial date in Birmingham, Ala.
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By Heather Anderson |
March 10, 2010
An NCUA Feb. 25 online posting mistake revealed previously confidential negotiations between disposed U.S. Central FCU Executive Vice President David Dickens, U.S. Central and the regulator.
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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.
