Former Lynrocten Federal Credit Union employee said she stole as much as $4,000 per month for four years.
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.
Lynchburg, Va., police reported investigating allegations of missing funds, fraudulent loans.
The regulatory clock ran out on $5 million El Paso’s Federal Credit Union of El Paso, Texas last week.
While 11 Oklahoma state agencies have put in place furlough plans for their employees, Oklahoma Employees Credit Union is bracing for even more salary cuts among its members this year.
To help expand its current select employee groups and create new relationships, the $241 million Ohio University Credit Union is launching a new online portal to make it happen.