An NCUA Feb. 25 online posting mistake revealed previously confidential negotiations between disposed U.S. Central FCU Executive Vice President David Dickens, U.S. Central and the regulator.
The posted documents, which included details regarding Dickens' $762,000 separation of employment package, were made public alongside comment letters from credit unions regarding proposed corporate regulations. NCUA spokesman John McKechnie acknowledged the documents were posted erroneously and said the agency regrets the error.
According to the documents, U.S. Central withheld Dickens' severance benefits immediately after he was fired on Feb. 5 due to an investigation into whether his actions could have allowed him to be fired "with cause."
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