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354 results for "Municipal Credit Union"
Joseph Guagliardo is serving a 27-month prison term for embezzling more than $400,000 from Municipal Credit Union.
NCUA data also shows more credit unions had losses in the third quarter.
The appointment of Kyle Markland is a key step in the credit union's recovery, the independent federal agency says.
The wrongdoing is related to a criminal corruption probe of MCU and its ex-CEO, Kam Wong, who is currently in prison.
Court documents reveal new details and allegations of widespread fraud and corruption that occurred at MCU.
The massive embezzlement case involves five top executives, two supervisory committee members and 13 board members.
MCU's EVP, Jane Dobbs, will take over the beleaguered New York credit union at the end of March.
New York landlord claims a Federal Credit Union Act provision violates the Constitution's Fifth Amendment protections.
Ex-NYC cop Joseph Guagliardo admits to embezzling more than $400,000 from the New York City-based cooperative over nine years.
Plagued by massive fraud and corruption cases, the New York City CU uses a positive spin in announcing the branch shut downs.
