Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA Prohibits Three From Future CU Work
ALEXANDRIA, Va. (12/2/13)--The National Credit Union Administration has banned three former credit union employees from participating in the affairs of any federally insured financial institution.

The NCUA said the orders involve the following individuals:
  • Carrie Bomyea, a former Glass City FCU, Maumee, Ohio, employee who pleaded guilty to embezzlement charges. Bomyea was sentenced to 18 months in prison, five years supervised release and ordered to pay restitution in the amount of $199,576.35;
  • Armelinda Castillo, a former WesTex FCU, Lubbock, Texas, employee who was convicted of misapplication of funds by a bank employee. Castillo was sentenced to 37 months in prison, five years supervised release and ordered to pay restitution in the amount of $690,000; and
  • Yolanda O'Keefe, a former Connecticut Community CU, Pawcatuck, Conn., employee who entered into a pretrial rehabilitation program for the charge of larceny. O'Keefe has been ordered to attend and complete a Gamblers Anonymous program, stay away from the credit union's premises, and complete 50 hours of community service. She is also prohibited from all casinos.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

NCUA web site users can now access a new tool for searching agency administrative actions. Through the new tool, they can search prohibition and administrative orders by name, institution, city, state and year, the agency said.

Use the resource link to access all NCUA enforcement orders.
Other Resources

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