According to a Birmingham lawyer, executives' goals were to make Butler loans acceptable to regulators.
Court records and sources familiar with an unfolding situation at Alabama One Credit Union said the NCUSIF and NCUA may soon face a regulatory failure.
There was no shortage of news in CU Times’ virtual newsroom this past week.
Maybe the NCUA needs to expand the share insurance fund because it can't effectively regulate its insured institutions.
Credit union has not yet revealed vote count, but challenger says he lost.
Heated board race at troubled cooperative draws CEO letters, alleged teller misinformation and newspaper advertising.
Credit union member alleges credit union pressured him to recant his complaint to authorities in straw loan scandal.
Former board member says he seeks transparency following fraud scandal.
Candidate seeks answers after credit union posts millions of dollars in negative income.
Alabama business owner receives three year federal prison sentence for kiting checks at his Alabama One CU business account.