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NCUA seizes Virginia credit union after drop in net worth
11 February, 2013The NCUA seized a federal credit union in Norfolk, Va., on Friday. They placed the $2 million NCP Community Development ...
After Criminal Charges, NCUA Bans Six Former Credit Union Employees
After Criminal Charges, NCUA Bans Six Former Credit Union Employees
2 August, 2013This week, the NCUA issued prohibition orders to keep six people from working at or participating in the affairs of fede...
Businessman sentenced to seven years for credit union fraud case
6 February, 2013Yesterday, a judge ordered A. Eddy Zai to pay more than $23 million in restitution to the NCUA for defrauding $16.7 mill...