You may be able to get a loan if someone with a good credit history will sign for the loan with you. POCU and CUMIS are suing the outside auditor (TWHC) because the auditor was supposedly negligent when they audited the credit union’s records and as a result, they violated the agreement with the credit union and their negligence resulted in the theft of $1 million in cash. C. He introduced his buddy, Henry Justice, the owner of Justice Auto Sales to the credit union and later Mr. Justice runs off with $80,000 not $60,000 of credit union money. Mr Justice file bankruptcy and gets away from repaying any of the money taken from the credit union. I hope Wiggington is called to the witness stand to answer questions about the credit union’s security.
He bragged that he was going to change the credit union because he had vision and he did change it. They’ve never been sued by employees, members, and others until Wiggington became president. The reason the credit union discovered the theft is not because they audited records but because after the member closed the IRA, she discovered that it was thousands of dollars less than the amount she opened it with. Charles promoted Joseph Garcia to Call Center Supervisor and then added Credit Manager and Loan Department to his title.
The credit union sends its external auditor, Turner, Warren, Hwang and Conrad to the Los Angeles branch where over a 3 week period, records are studied while AVP, Lynnette Fortson, sits alongside the auditor during his entire review. It will be interesting to hear why a credit union with 3 CFO’s during the years of 2010-2012 and a CFO, a Supervisory Committee, a Board of Directors and a president who insists he is highly educated and financial savvy, never noticed one of the many thefts that occurred during the years of 2010-2012.
When she left the credit union recently she was earning about $100,000 a year but she did nothing over the past 8 years that improved business. Robert West couldn’t stand Sylvia and he was afraid of Bea because she had plans to fire him. CUMIS is a company that chose to retain an ongoing relationship with Priority One even though they were well aware of the lawsuits filed against the credit union in recent years. Each time an employee sued and/or a member sued, CUMIS was informed so that they could be aware that the credit union was preparing to enter into litigation.
I bet it would have meant something to Wiggington and Yvonne if they had been ordered to pay out of their personal bank accounts. In 2011, I was contacted at my home by an auditor from CUMIS, even though I had not worked at the credit union for three years. I and a lot of other people would like to know that the old, useless, pathetic geezer does at the credit union.