TUSCALOOSA, Ala. – In the fall of 2011, well before the latest round of regulatory and legal actions surrounding the $602 million Alabama One Credit Union in Tuscaloosa, Ala., three former members of the credit union's board met with officials from both the NCUA and Alabama Credit Union Administration to share their experiences at the controversial credit union, the former board members said.
The NCUA's Region III director Myra Toeppe attended the meeting, as did the NCUA's problem case officer Kim Brown, then ACUA Administrator Larry Morgan and an ACUA examiner named Robert J. “Jeff” Russell.
The former Alabama One volunteers included Tom Fanning, a retired mental health services administrator; Doyle Love, also a former administrator in mental health services; and Gloria Shaw, a former information technology administrator who also worked in mental health services.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
