Border Lodge Credit Union http://wamc.org en Former Head of Closed Vermont Credit Union Indicted http://wamc.org/post/former-head-closed-vermont-credit-union-indicted <p></p><p></p><p>The only employee of a small northern Vermont credit union that was taken over last year by federal regulators is now facing embezzlement charges. Thu, 20 Jun 2013 23:45:00 +0000 Pat Bradley 67521 at http://wamc.org Former Head of Closed Vermont Credit Union Indicted Vermont Regulator Closes Border Lodge Credit Union http://wamc.org/post/vermont-regulator-closes-border-lodge-credit-union <p>The Vermont Department of Financial Regulation has closed a Derby Line-based credit union and appointed the National Credit Union Administration to oversee its liquidation.<br><br>In a statement issued Friday, the Vermont's top financial regulator, Stephen Kimbell, says the seizure was done in cooperation with federal authorities and came after "examiners discovered issues that raised serious concerns."<br><br>He did not say what those concerns were.<br><br>He says the credit union's customers will be protected.<br> Fri, 30 Nov 2012 22:15:00 +0000 Pat Bradley 53089 at http://wamc.org