Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Prison sentence for former credit union CEO.

Nita Rae Nirschl, former president/CEO Parsons Pittsburg Credit Union, will spend the next five years in a federal prison for stealing more than $6 million from the merged $13.3 million Kansas cooperative.

In addition to her 40-month incarceration, U.S. District Judge J. Thomas Marten in Wichita, Kan., on Monday ordered Nirschl, 66, of Parsons, to pay restitution of $6.3 million to the NCUA, $1 million to CUMIS and $2.7 million to the IRS.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Peter Strozniak


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 TreasuryandRisk.com and Law.com.

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

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.