Tammy Ewing, a former business loan officer of the $607 million Alabama One Credit Union, is at the center of a civil lawsuit that reveals new details of alleged “dishonest acts” committed by Ewing and other executives, including former President/CEO John Dee Carruth, involving a business loan that cost the credit union more than $6.5 million.

What’s more, the lawsuit filed by Alabama One in federal court earlier this year against CUMIS Insurance exposes how this fallacious business loan placed the credit union under years of regulatory scrutiny, led to the termination of executives and the removal of board members, and caused additional financial losses including costly lawsuit battles, some of which are still pending in the courts.

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