Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
3 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
5 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
5 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
5 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
7 hours ago