The SBA has promised credit unions and other lenders that they can say goodbye to fax machines and mountains of paperwork.
Shawn Lee Nelson had been with Members Choice CU, sentenced for embezzling more than $335,000.
Members Choice helps core processor debut co-location offering.
A former vice president at Members Choice in Houston has pleaded guilty to embezzlement while former Florida CU employee gets five years.
Shawn Lee Nelson was with Members Choice CU, now faces 12 counts in $340,000 theft.
The Houston credit union was also recognized by the agency’s district office for strong lending performance.