NCUA headquarters, Washington, D.C. (Source: NCUA). NCUA headquarters, Washington, D.C. (Source: NCUA).

The NCUA said Monday it is seeking restitution of at least $4 million from former Edinburg Teachers Credit Union President/CEO Jeffrey B. Moats, alleging he placed his personal financial interests ahead of those of the Edinburg, Texas-based credit union and its members when he allegedly violated the law, breached his fiduciary duties, and engaged in unsafe and unsound practices.

CU Times attempted to contact Moats via text on his listed cell phone number. He did not respond to that request for comment by Monday’s deadline. A voicemail message could not be left on his main phone number listed on a public directory.

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Peter Strozniak

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