This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
Missing Cleveland credit union CEO used fake documents to hide fraudulent payments for home now being seized.
The NCUA announced last week at its monthly board meeting that credit unions’ assessment for the Temporary Corporate Credit Union Stabilization Fund would be a mere eight basis points. The total bill for credit unions comes to $701 million, or approximately $100,000 on average per credit union, for 2013. It’s...
The Cleveland FBI office is stepping up efforts in its search for the former Taupa Lithuanian Credit Union CEO Alex Spirikaitis, releasing a new photo of him without his goatee.
It has an endless supply of funding: your credit union’s money.
Feds step up efforts to find CEO charged with embezzling in the failure of Taupa Lithuanian Credit Union in Cleveland.
As of July 18, former Taupa Lithuanian Credit Union CEO Alex Spirikaitis was still at large after a police came up empty after standoff at his suburban Cleveland home. Authorities turned to the public, asking for assistance in his capture.
It’s official. Richard Cordray is the director of the CFPB.
Alex Spirikaitis, former CEO of the liquidated Taupa Lithuanian Credit Union in Cleveland, is still a fugitive, but FBI promises his capture.
The CFPB could be a great danger to credit unions, which it has already demonstrated with a number of regulations, including new mortgage rules.