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Those that were prohibited from working at federally insured institutions include a former credit union employee who pleaded guilty to money laundering and embezzlement.
July 31 -
Regulators placed the $3 billion-asset institution into conservatorship less than a year after the New York City-based CU fired President and CEO Kam Wong in the wake of embezzlement charges.
May 17 -
Edward Rostohar, who was CEO of CBS Employees Federal Credit Union, could face up to 15 years in prison following a $40 million scheme that brought down the institution.
May 16 -
Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.
April 1 -
The pair subject to the regulator's March prohibition orders both pleaded guilty and were ordered to pay more than $320,000 in restitution, among other punishments.
March 29 -
Despite strong performance in the industry overall, analysts expect regulators to shutter more institutions in the years ahead.
January 3 -
Kam Wong has been accused of submitting requests for fake expense reimbursements when he ran Municipal Credit Union.
October 19 -
In September, the National Credit Union Administration barred five people from the industry, including one individual who was accused of working to embezzle more than $1 million.
September 28 -
A former employee in the VyStar Credit Union mail room has been charged in a case involving mail fraud and millions of dollars in stolen stamps.
September 12 -
Credit unions urged to review expense and reimbursement policies, and board oversight of top executives.
August 9