By Katie Crosbie, Texoma News
KFDX has learned that the F.B.I. is investigating a possible multimillion dollar fraud case at the TexDot Credit Union in Wichita Falls. We're told that the former president of the TexDot Credit Union is under investigation and has resigned.
John Buckley, president of the Postel Family Credit Union, is now serving as acting manager of the TexDot Credit Union. He says the investigation began after an annual state examination. The credit union serves around 400 TexDot workers and their families. Buckley says all customers' accounts are federally insured, up to 100 thousand dollars. He says the credit union is continuing with normal operations during the investigation and that the credit union is cooperating fully with the investigation.
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