NCUA Bans Two Tellers

The NCUA last week banned two tellers, one who helped plan two robberies of a Texas credit union and another who stole money from accounts of elderly members at a credit union in Virginia. Desire Valverde, 23, a former teller of the $254 million Education Credit Union...

Shreveport Federal Credit Union Liquidated

The NCUA on Monday liquidated the Shreveport Federal Credit Union in Louisiana. The Red River Employees Federal Credit Union of Texarkana, Texas immediately assumed the credit union’s membership, and most shares, loans and other assets. Red River serves 84,093...