Banks, 31, who served as the Catamounts’ running backs coach, assistant director of camps and clinics and as the program’s community service liaison, is among 50 people charged in “Operation Wax House,” a scheme allegedly years in the making in Mecklenburg and Union counties that includes federal offenses of bank bribery conspiracy, money laundering conspiracy and wire fraud.

WCU sports information director Daniel Hooker said Banks was no longer employed by the university, effective Oct. 23.

According to a published report, Banks has agreed to plead guilty to ...