A federal lawsuit filed Monday by the $602 million, Tuscaloosa, Ala.-based Alabama One Credit Union points to a complex web of conspiracy that's being led by David Byrne, Alabama Gov. Robert Bentley's chief legal advisor, with the intention of exploiting the credit union for monetary and political gain.
That's the belief held by John Dee Carruth, president/CEO for Alabama One, who spoke with CU Times by phone Tuesday.
"The political pressure that was placed for personal gain or purposes … it was just astounding," Carruth said. "And it all appears to be about money."
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
