Documents Reveal Why the NCUA Conserved a Texas Credit Union

The federal agency is investigating allegations that former CEO Jeffrey Moats commingled credit union funds, among other things.

By Peter Strozniak | October 14, 2021 at 03:05 PM

Court documents revealed for the first time why the NCUA conserved Edinburg Teachers Credit Union and terminated its CEO Jeffrey Moats, who is pursuing aggressive legal actions against the credit union and the federal agency for breaching his employment contract and for not returning his $275,000 in artwork on display at the Edinburg, Texas credit union office.

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Fraud & Enforcement

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2 Credit Union's Internal Investigation Leads to Employee Grand Theft Charge

3 Man Pleads Guilty in Credit Union Fraud Ring Conspiracy

4 Boomers Are Not Enough: How to Attract Younger Consumers

5 CU Loses Nearly $300,000 in Four Hours With ATM Skimming Device

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CU on a Mission to Make Housing Affordable

By Michael Ogden | July 26, 2024

Leadership at Great Basin FCU is involved in a new initiative to make housing affordable for members in Nevada.

CU on a Mission to Make Housing Affordable

Bank Shareholders Approve Proposed Acquisition by Global Credit Union

By Peter Strozniak | July 26, 2024

Although Washington state regulators gave the deal a green light, decisions from the NCUA and FDIC are pending.

Bank Shareholders Approve Proposed Acquisition by Global Credit Union

Space Coast Sells $669 Million in Auto Securities

By Jim DuPlessis | July 26, 2024

The Florida CU is the fourth-largest holder of indirect car loans, the type sold in a deal that closed Wednesday.

Space Coast Sells $669 Million in Auto Securities

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