The NCUA is embroiled in a court battle with CUMIS over its controversial decision not to pay a $3 million dollar fidelity bond claim after a forensic auditor determined a CEO’s embezzlement scheme caused a loss of more than $10 million that collapsed a Little Falls, Minn., credit union.
Battles Expose Fidelity Bond Issues
ADA Compliant Credit Union Web Design and Secure Hosting by GrafWebCUSO > Blog > News > Battles Expose Fidelity Bond Issues
