The SBA and the $620 million Alabama One Credit Union were among the victims of check kiting and other fraudulent activities allegedly committed by Danny Ray Butler, a businessman and real estate developer.
Businessman also charged in $1.76 million hit against SBA for grocery store loan.
Vincent J. Garcia convicted of defrauding First FInancial Credit Union in Albuquerque deal.
This preview from next week's print edition takes an in-depth look at the new CEO at Delta Community Credit Union.
Anchorage developer misrepresented construction status, faces up to 30 years in prison and $1 million fine.
The $4.3 billion Delta Community Credit Union in Atlanta said Rick Foley, its president/CEO, has announced his intent to retire later this year.
Rick Foley, president/CEO of the $4.3 billion Delta Community Credit Union in Atlanta, has announced his intent to retire later this year.
Delta Community Credit Union confirmed that is has reached an agreement in a breach of contract suit with a real estate developer, who received a judgment earlier this year for $75.4 million.
Delta Community Credit Union settles with developer in losses laid on Atlanta credit union over Florida property.
The 87,000 member, $1 billion Meriwest Federal Credit Union, based in San Jose, Calif., has won a grant of $160,000 to help finance affordable housing in its community from the Federal Home Loan Bank of San Francisco.