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The NCUA issues new bans on former CU employees.

Six former employees, including Alan Kaufman, the former president/CEO of Melrose Credit Union who pleaded not guilty to four felony counts of bribery and one felony count to defraud the United States, were banned, the NCUA said Friday.

“After determining that continued service or participation by Kaufman in a credit union’s operations may impair public confidence in federally-insured credit unions, the NCUA Board issued a notice prohibiting Kaufman from further participation in the affairs of any credit union,” the NCUA said in a prepared statement.

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