Charges range from forgery and money laundering to receipt of gifts for procuring loans.
Republic Hose Employees FCU became insolvent with no prospect of restoring viable operations, the NCUA says.
Read about new hires, promotions, retirements and other career milestones from the credit union industry.
ALEXANDRIA, Va. — The NCUA Board finalized technical amendments Sept. 18 at Mark McWatters’ first meeting, and approved a federal credit union's request to expand its community charter.
Experts say SchoolsFirst VP David Lugo's brazen $2.6 million computer heist exposes industry-wide gaps in IT controls.
Eight credit unions have increased loan balances and members while also supporting local charities.
Thomas Newton succeeds Charles Passenthal, who will retire in mid-October.
The public is invited to attend the Oct. 1 event.
Read about the past week's new hires, promotions and other career milestones in the credit union community.
In September, credit unions announced plans to merge or completed mergers in Kansas, Louisiana, Ohio, Michigan and Texas.