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November’s list of people banned by the NCUA released Thursday includes a former CEO and the board chair of  a defunct West Virginia Credit Union and seven six former employees who worked at credit unions in Pennsylvania, Florida,  Oklahoma, Wisconsin, and Kansas.

Larry E. Martin, the former president/CEO of Mildred Mitchell Bateman Hospital Federal Credit Union in Huntington, West Virg., and its former board chair, Ray Frasher, both agreed to the federal agency’s prohibition order in addition to complying with all of its terms to settle the NCUA’s claims against them.

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Peter Strozniak


Credit Union Times

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