NCUA headquarters, Washington, D.C. (Source: NCUA).
The NCUA said Monday it is seeking restitution of at least $4 million from former Edinburg Teachers Credit Union President/CEO Jeffrey B. Moats, alleging he placed his personal financial interests ahead of those of the Edinburg, Texas-based credit union and its members when he allegedly violated the law, breached his fiduciary duties, and engaged in unsafe and unsound practices.
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