Missing $1.7 Million Expedites Wisconsin CU Merger
Wisconsin regulators moved quickly to approve the merger of $28.2 million Oshkosh Central Credit Union with $2 billion Community First Credit Union when they discovered $1.7 million in cash was missing from Oshkosh CU’s vault. Previous significant irregularities had led to the suspension of the long-time CEO and the bookkeeper. [8/20/14]