Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.

Credit union employee sentenced to 5 years’ prison term, $400k-plus restitution order
Five individuals – including one sentenced to a five-year prison term and restitution order of more than $400,000 — are prohibited from participating in the affairs of any federally insured financial institution, the National Credit […]