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Former Lynrocten Accounts Being Reimbursed - abc27 WHTM

Former Lynrocten Accounts Being Reimbursed

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Lynchburg, VA - Members of the Lynrocten Credit Union are starting to see their former accounts paid back in full.

A spokesperson for the National Credit Union Administration says another 1,500 accounts at Lynrocten have been paid back.

He says more than $2 million has been returned to members.

Now, nearly 180 accounts at Lynrocten are waiting for reimbursement, with a collective balance of about $7 million.

The credit union was shut down in May after fraudulent loans were taken out in its members names without them knowing about it.

 

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