In this case, a member of Alpine State Bank stole checks from his employer. He then placed a stamp on the reverse side of the check indicating “for deposit only” to the member’s account. The bank processed each deposit and the member continued to make additional deposits of misappropriated checks over a sixteen month period, […]
Archive for Employees
Credit Union Employee Policies
A 56 million dollar plus Texas credit union adopted a personnel policy manual which included an internal grievance procedure. The manual contained a specific assurance that: [n]o employee shall be penalized for using the grievance procedure. A veteran credit union employee of eight years filed an internal grievance when she and three other employees were […]
Credit Union Stress: Workers Compensation
The court found that a former employee of ENT Federal Credit Union (ENT) experienced sufficient stress in her position at ENT to warrant a finding that the employee’s disability was compensable. In this case, the employee (Paterson) worked for ENT for 14 years without incident. She was a highly regarded employee. Management, however, decided to […]
Board Members Sue Credit Union
Credit Union Board Members Suit against Credit Union. Nevada Federal Credit Union held a regularly scheduled meeting and voted 5-2 not to renew the employment contract of Robert Street, its then President and CEO. After obtaining legal advice, a second meeting was convened, at which time the same vote was reiterated. The Board indicated that they […]
CU Employee & Unemployment Compensation
In this case, Janet Boyles was employed by Energy Family Credit Union as a loan processor. Boyles was discharged from employment and applied for unemployment compensation benefits. The Wisconsin Department of Labor and Industry ultimately denied the former employee’s request for compensation for the first seven weeks, and found that the loan processor was discharged […]
No Credit Union Liability – Credit Life Insurance
In this case, the estate of a deceased credit union member brought suit to recover life insurance proceeds against the credit union and its group life insurer (CUNA Mutual) that issued a certificate of insurance to the member. Here, Mr. Hall applied for membership at HAPO Federal Credit Union. He completed the application, listing his occupation as […]
Age Discrimination: Credit Union Employee
Here, Jean Conrad began working at this Credit Union in 1969. Since her initial employment at the Credit Union (Chaco), Conrad was promoted to the position of senior loan officer. Ms. Conrad received several “performance reports” rating her skills as “effective,” and “favorable.” Then, in 1987, Conrad began to receive less favorable performance evaluations. According […]
We Celebrate International Credit Union Day with New Search Features
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CEO/Credit Union Manager Loses Wrongful Termination & Age Discrimination Suit
Former Credit Union CEO/Manager loses suit for wrongful termination of employment, breach of contract and for age discrimination. A jury did, however, award the plaintiff for accumulated “compensatory time.† In this case, Sue Adams was employed at the credit union as the manager and CEO. Adams began having heart problems and underwent balloon angioplasty surgery. Shortly […]