FSUCUFlorida State University Credit Union (Tallahassee, FL)
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FSUCU also notified the NCUA and the Florida Office of Financial Regulation.
However, in addition to issuing a news release, FSUCU also posted a 430-word letter on its website's home page that informed members about the internal embezzlement.
Adcock said FSUCU was interested in the idea but determined that it needed a partner to spread the risk and costs of opening a new full-service branch, staffing it and providing financial education.