Gail Teague admits theft, agrees to testify against CEO of the failed $9.2 million Ochsner Clinic FCU.
Liquidation of North Dade Community Development FCU is the agency's second so far in 2015.
A former Alabama credit union president/CEO allegedly stole $14 million.
The $1.6 billion TruMark Financial will assume the credit union's members, shares and a majority of loans.
Wendy Wall of the defunct Pepsi Cola FCU pleads guilty to embezzling nearly half a million dollars.
The $14.5M cooperative’s net worth falls from 8.31% to 1.39% over a year’s span.
The state chartered $141,494 Metropolitan Church of God CU is handed over to the NCUA for liquidation.
Net worth at the credit union drops from 11% in Sept. 2013 to 0.85% one year later.
The NCUA liquidates the $5M Louden Community CU. Its June 30 financials are far better than peers.
After IBEW Local 816's July 10 liquidation, C-Plant picks up most of its loan portfolio and members.