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
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
16 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
17 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
17 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
17 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
18 hours ago