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Gloria Jean Hall’s fraud and antiquated business practices led to the merger of one of the nation’s oldest FCUs founded by a Black university.
Three of the four banned ex-credit union employees steal more than $1.3 million.
Gloria Jean Hall also admits she did not allow members to access their accounts online.
Twenty-year executive of Prairie View FCU, Gloria Hall, faces a scheduled jury trial in late November.
Gloria Hall headed one of the oldest continually operational federal credit unions established by a historically Black college.