American Airlines Federal Credit Union of Fort Worth, Texas has agreed to pay nearly 300 current and former employees more than $83,000 in overtime back wages following a U.S. Department of Labor investigation.
According to the Labor Department, the $5.4 billion CU violated the Fair Labor Standards Act's overtime and record-keeping provisions. Now, American Airlines FCU is paying $83,608 in overtime back wages to 295 current and former tellers, loan officers and customer service representatives.
The investigation, conducted by the Dallas district office, determined the CU wrongly classified covered employees as exempt and paid them straight-time wages; it also failed to maintain accurate time and payroll records of employees' work hours and wages.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
