Jackson Jambalaya

I have never liked credit unions. Credit unions are more for people who banks won’t accept. Usually people who are unable to open up a bank account

Credit unions have better rates than banks.

When are the indictments coming out?

Is that THE Alysson Mills of Timber Fame?

One Question…how does that much, $95,000,000, in fraud and theft go undetected for any amount of time? They mussa been really good at thievery! Might want to have a serious discussion with the accountants involved at that credit union. Somebody got some splaining to do.

Don’t use credit unions goto a bank

13 employees of the CU have been fired so this is going to be Deep

John Colette has two more suckers on the line, but how will they pay? She will probably die in prison, as she’s no spring chicken. He might have a decade left once he gets out.

As a witness to Marcus Gordon sentencing a poor classmate to 12 years for a <$1,000 (felonious nonetheless) bad check many years ago...I am certain I will see commensurate justice here...ha.

As a member of the JAFCU, does this mean they are going to go belly-up and I need to switch to a different credit union?

How in the world can a credit union with assets of (Jackson Area Federal Credit Union is a federally insured, federally chartered credit union with 15,561 members and reported assets of $162,360,956) be out of balance $91,000,000 and still pass a compliance audit with 56% of the assets are gone.

Damn! That was bold. Who the heck was supposed to be monitoring the accounts at the credit union?!

Goto a bank

Who were fired? Managers? Tellers? Auditors?

How in the hell did she get $90,000,000 out of a credit union with only 3 branches? This would never had happen at a large bank

I’m thinking they will try to merge it or close it

I don't trust CUs either, which I why I keep my millions in my mattress.

Depends on if they have a Federal or State Charter. There should be Credit Union Examiners (like Bank Examiners) assigned.....So, who in the corrupt Mississippi State leadership wheelhouse is responsible for overseeing a state chartered credit union? Commissioner Rhoshunda G. Kelly, is - and over the chartering, regulation, and supervision of state-chartered banks, credit unions, and various nonbank financial service providers across the state.

https://www.communitybanking.org/contacts/kelly-rhoshunda

Did anyone ever find that missing $60 million in TANF money?

95 million and yall worried about the mayor & DA, this is crazy! !

Couple of years in a minimum-security "prison" and very little money paid back. Then the Copelands return to their gold.

3:11, If found guilty, they all belong in prison.

“Other people have done worse” is not an excuse or a defense. Otherwise, only serial killers who eat their victims would be sent to prison.

Kingfish was out scooped by 48 hours on this one

She’s still on LinkedIn if anyone wants to hire her.

Everyone was snoozing- NCUAB put this credit union into conservatorship on May 6, 2026.

https://ncua.gov/newsroom/press-release/2026/jackson-area-federal-credit-union-conserved

This shigity is crazy, and I worry about paying a $1,7000 Federal Income Tax bill. I hope they had a wonderful time.

Woman totes a set, her husband don’t….

A couple of readers have submitted comments I rejected. Nothing wrong with the comments. What are you commenting I am posting tomorrow, probably at lunchtime

Dang. Alysson Mills coming back at em!

Who were the auditors?

1:33p hit it on head - how does a bank with only 160mil in assets misplace 90mil and nobody notices? WTF? disclaimer: I used to be a member of this joint, and no, they never had better rates than a bank, which is one reason why I left.

This is a weak reprint of the Wlbt story. Just go to Wlbt for the actual scoop.

There will be nothing to recover. A hollow judgment.

Read paragraphs 51 through 54 with the following questions in mind:



51. In the year 2024, NCAU examiners spoke with Leigh Bridges concerning the high volume of funds going trrough her JAFCU share accounts. What did the examiners in 2024 do to attempt to understand these suspicious transactions? Or, did the examiners not consider these transactions suspicious in 2024?

Did JAFCU ever file a SAR (Suspicious Activity Report) concerning any of these transactions?

3:01 it says “federal” in the name. Sort of a giveaway it’s not a state charter. NCUA put it into conservatorship a month ago. That the manager had wire and general ledger authority are huge red flags, and this should have been caught by NCUA examiners years ago. The institution was probably used as a training job because it is so small. As for an external audit, I would bet there was none. The board wouldn’t want to spend the money.

They should lose there license

The auction of the seized items will be lit though. Plenty of women will go crazy with of the collectible purses.

Exactly. Who's overseeing the overseers? The whole state is off the rails regarding money, most likely by design.

A lot of this is confusing. The house on Sleepy Hollow Drive is in South Jackson and that particular area hasn’t been white populated in over 25 years. The house on Great Southern Road is an older home that seems to be an old homestead and it’s not really that close to Hazlehurst. Although, the home on 257 Eastbrooke St is the only modern home besides the condo in Orange Beach. It is known by many of us who now their family that the marriage is a coverup for Chad. This is all very confusing. Why so much jewelry?

Sheer ignorance for 12:19 to make this comment yesterday: "Credit unions are more for people who banks won’t accept. Usually people who are unable to open up a bank account".

A wide majority of members of this credit union are employees of educational institutions and other professional employees. I dare say none of them are unable to open a bank account. Simply put, it's been a great place to start and maintain savings as well as financing automobiles at lower rates than any bank.

Many members are children who deposit $10-$20 bucks a month into their own savings account...parents teaching kids how to save, even a small amount and view their own account statements. My wife has belonged to this CU for over 45 years as a teacher and we've enjoyed commercial banking relationships for 50.

Kingfish gets it wrong when, in his opening remarks, he claims this woman plundered the Credit Unions holdings. Who she plundered is the many members who likely won't be made whole. It will be interesting to learn of the response from NCUA. This story and the amount stolen are staggering and unbelievable.

Let's see evidence that 19 other employees have been fired.

They've stolen enough to buy their way out of trouble. Eventually, they'll get slap-on-the-wrist punishments. Just watch.

By the way, what's Gina Palasini up to, these days? (her story is one of the Jackson Jambalaya Archive greats)

6:19am - are you smoking crack or too stupid to run a map search? Sleepy Hollow is off Eastover Drive. Not south Jackson.

They will be made whole as each account is insured for $250,000.

@10:16pm- HOPE CU

6:19 - Learn how to read a map. Sleepy Hollow is in NE Jackson in Eastover. Excluding the perps, Eastover probably has more combined wealth than any neighborhood in the entire state of Mississippi. As far as your "coverup" comment about Chad, who I've never met, why don't you put your name behind that slanderous accusation instead of being an anonymous troll?

@3:11 pm yesterday - I am as worried about the TANF funds as I am the mayor and DA. I abhor corruption. And as I learn about this, it’s also horrifying though DIFFERENT since she’s not an elected official.

Quit trying to excuse Chokwe. There is no excuse for his behavior, just as there is none for the TANF either.

Honestly I am kinda proud because our guys would have done all these dirty deeds for some crappy football tickets.

One thing that makes credit unions different from banks is a cross collateralization clause, which ties all loan products together.

For example, let’s say you are in financial trouble and filing bankruptcy will help you get a fresh start. Let’s say you qualify for a Chapter 7 bankruptcy. You have a car (secured debt) financed with the same lender where you have a credit card (unsecured debt). If that lender is a bank, you can reaffirm the auto loan and include the credit card debt in bankruptcy. You get to keep the car and continue paying the loan under the original terms.

If the lender is a credit union, you will have the credit card debt cross collateralized to the auto loan, and you will not get the vehicle title until both amounts are paid. The only way to walk away from the credit card debt with the credit union is to surrender the car.

If you have ever seen vehicles for sale in a credit union’s parking lot, it’s a combination of repossessions and voluntary surrenders (due to the cross collateralization clause).

The JAFCU is about to have a huge repossession inventory.

@10:06 - Never keep your debt and your assets at the same bank to avoid those cross-collateralization clauses.

First, Sleepy Hollow is in Eastover, the house in Hazelhurst was featured in Mississippi Magaziine, and is this the Chad Bridges who works fr the Mississippi Department of Insurance in Compliance? Chad T Bridges.

No, the house is Eastover in Jackson, the house in Hazelhurst was featured in Mississippi Magazine, and does Chat T Bridges work for the Department of Insurance?

The July/August 2024 issue of Mississippi Magazine has a story on this couple and their Eastover home renovation. The story content (with photos) no doubt will be evidence in the case.

The Mississippi Magazine’s story title? “Calm, Cool, and Collected.”

There is no mention of indictments - surely the Feds will press charges?

It takes months or years, but no USA could pass this shitshow up.

Most likely you should ask a slightly different questiuon:

" is this the Chad Bridgeswho USED TO work for the Mississippi Department of Insurance in Compliance? Chad T Bridges."

As many of the links to his biographical and work profiles on state websites do not work yesterday or today.

$95,000,000 stolen, an average house in Eastover, a “900 sf shoebox house” in Hazlehurst and a condo in Orange beach does not add up. Many family members and associates are involved and I will say this. Knowing who she is and her lifestyle, she has hidden and squirreled away the majority knowing that if she was caught the time she spends I prison will justify the majority of the funds stolen. Like I said. I know of the family and this shit is deeper than you can imagine. Many people she “assisted” in Copiah County are about to be dragged into this screaming and hollering. She has no children but her “husband” has family who had issues and have benefitted. If you know, you know. There is another home that’s not listed and it will be divulged soon. It was built in the 1890’s which she remodeled. Hazlehurst is a tight lipped hush hush group and they are protecting her so it means that she has placed LOT of assets in someone else’s name. She knows what she was and is doing. I’m somebody who knows the politics in Copiah and it’s not good.

I also caught the Mississippi Magazine article… for $91 million, why are you worried about that? And you can’t do better than Orange Beach? Disappear into the Caribbean… don’t publish your house with stolen money.

I paid my credit card off there a few years ago and vowed not to charge anything for else. They take you through the wringer to get peanuts for loans. Now we know why.

Bank run in 5..4…3..2…

I’m no math whiz but if they are accused of embezzlement of 95m and the credit unions assets are only 162m… how is it even still open?

HOW THIS WORKS:

"
Conservatorships and Liquidations

Conservatorships: From time to time, the National Credit Union Administration places a credit union into conservatorship in order to resolve operational problems that could affect that credit union’s safety and soundness. Conservatorship means the NCUA has taken control of the credit union. During a conservatorship, the credit union remains open; members may transact business; and accounts remain insured by the National Credit Union Share Insurance Fund (Opens new window) . For federally chartered credit unions, the NCUA takes this action on its own; in the case of a state-chartered credit union, the state supervisory authority initiates the conservatorship and in many cases appoints the NCUA as agent for the conservator.

Conservatorships can have three outcomes:

The credit union can resolve its operational problems and be returned to member ownership;
The credit union can merge with another credit union; or
The NCUA can liquidate the credit union."

More at the link:
https://ncua.gov/support-services/conservatorships-liquidations

The relatively light sentences for financial crimes makes it worth the risk for con artists. Set these people on fire on the courthouse lawn if convinced.

Allyson "ten cents on the dollar" Mills.

Never heard of Brooks before today. For 3,000,000$, she could have bought everything in the store.

My research shows an estimated annual salary for her position to be between 90-140,000 bucks.

Did all her friends, acquaintances, coworkers, direct reports, servants just assume she had multiple rich uncles who had become unalive?

4:10pm—thanks for info….I think a prudent person would take their money out this Credit Union ASAP. If they missed $95,000,000 in theft and fraud, do you think your money is safe there?

That's some precise research.

I'm reading and commenting from inside the Vatican. You certainly sound like a real insider

I bet the CPA firm that audited it has already called its malpractice carrier. If assets were $162 million and $95 million was embezzled, how did the auditors miss it? Who was the CPA that audited it?