Another member of the $602 million Alabama One Credit Union has filed a lawsuit claiming the cooperative conned him into committing loan fraud, and later pressured him to disavow his complaint to authorities.

The March 16 complaint filed by member Richard Turner named as defendants Alabama One Credit Union, Business Lending Manager Tammy Ewing, Board of Directors Chairman Edwin Harrell and Supervisory Committee Chair Martha Fincher. In the complaint, Turner claimed defendants committed fraud and negligence in connection with a half million dollar loan the credit union convinced him to make to benefit businessman Danny Ray Butler.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.