Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA Bans Four From CU Work
ALEXANDRIA, Va. (11/1/13)--The National Credit Union Administration has banned four former credit union employees from participating in the affairs of any federally insured financial institution.

The NCUA said the orders involve the following individuals:
  • A former Mountain America FCU, West Jordan, Utah, employee, Monica Guzman, who was sentenced to one year in prison and three years of probation, and ordered to pay restitution after pleading guilty to theft charges;
  • Another former Mountain America FCU employee, Travis Jenkins, who was sentenced to one year in prison and ordered to pay $27,251.90 in restitution¬†after pleading guilty to wrongful appropriation charges;
  • A former Remington FCU, Richfield Springs, N.Y., employee Michael Swanka, who was sentenced to a three-year conditional discharge and ordered to pay $12,258 in restitution after pleading guilty to grand larceny charges; and
  • A former Credit Union of Leavenworth County, Lansing, Kans., employee Carla Welborn, who was sentenced to 21 months in prison and five years of supervised release, and ordered to pay $329,702.55 in restitution, after pleading guilty to embezzlement charges.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

Use the resource link to access all NCUA enforcement orders.


RSS print
News Now LiveWire
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
6 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
7 hours ago
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
8 hours ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
10 hours ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
10 hours ago