Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Former CU exec commits suicide during arrest
MACON, Ga. (9/9/09)--A former manager of a Georgia credit union committed suicide when local authorities tried to arrest her on charges of embezzlement. Linda Rice, 57, was accused of embezzling more than $354,000 from Brosnan Yard FCU from June 2007 to December 2008. She worked at Brosnan Yard CU as a director, loan officer and manager. The missing funds were discovered during an audit (Macon.com Sept. 5). The money had been taken through fraudulent loans, misplaced credit union assets and check fraud, the newspaper said. Rice shot herself after Jones County Sherriff’s deputies entered her Gray, Ga., home Aug. 20. A deputy had been following her as she went to get a pair of shoes, but she ran away from him and locked herself in a room where she killed herself, the newspaper said. Brosnan Yard FCU, Macon, has $4.4 million in assets.


RSS print
News Now LiveWire
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
7 minutes ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
1 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
2 hours ago
@TheNCUA open meeting is slated to start at 10 a.m. ET. Should be a quick one. #NewsNow http://t.co/rfYjnat7eI
3 hours ago
Mass. CUs in unanimous vote joined RI and NH CUs in approving merger of the 3 state leagues 2 form the Cooperative Credit Union Association.
3 hours ago