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.
Former CU employee earns prohibition after converting $20k in funds for own use
A former employee of an Orange, Texas, credit union was prohibited last month from serving at a federally insured financial institution after allegedly pilfering $20,000 from the institution, the federal regulator of credit unions said. […]