Settlement reached between Walter McCarty and First Federal Savings Bank

Updated: Nov. 20, 2020 at 5:29 PM CST
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EVANSVILLE, Ind. (WFIE) - Former U-E Men’s Basketball Coach Walter McCarty has reached a settlement with First Federal Savings Bank.

In September, the bank alleged McCarty owed them $45,000 plus interest for money borrowed in October of 2018.

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As part of the settlement, the bank will be paid just over $1,100 dollars.

After that payment, a restriction will be released from McCarty’s account.

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