Fresh Today

Fresh Today

LYNCHBURG, Va.—Linda Sue Newcomb, 63, the former manager of the Lynrocten Federal Credit Union here, has pleaded guilty to one count of embezzlement from a federal credit union, two counts of bank fraud and one count of aggravated identity theft in a scheme that caused $13-million in losses and led to the liquidation of the credit union in May of 2013.

TACOMA, Wash.—Police have indicted 10 people here in connection with an alleged stolen check ring that led to losses of nearly $1 million for financial institutions, including a number of credit unions.

DULUTH, Ga.—The Georgia Credit Union League has named two people as winners of its most prestigious honors: Marshall Boutwell, CEO of Peach State FCU, has been named the recipient of the Moses C. Davis Lifetime Achievement Award, while Diana Houston, senior vice president-business development at Georgia Credit Union Affiliates, has been named the winner of the Eloise Woods Distinguished Service Award.