Claudia A. Rawes, manager/CEO of the $12 million Centra Health Credit Union, and two other employees were placed on administrative leave following a state and federal examination, according to a prepared statement on the credit union's website.
$12M Centra Health CU board places three staffers on leave after a joint NCUA-state exam exposes policy and procedure violations.
Three former employees of the $13.8 million Lynrocten Federal Credit Union have been accused of loan participation fraud in a $1.7 million civil lawsuit.
Weapons caches, "sinful things", loan participation ripoffs and the last of the feminist-chartered credit unions.
Lynchburg, Va., police reported investigating allegations of missing funds, fraudulent loans.