Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA bans trio from CU-related work
ALEXANDRIA, Va. (3/22/11)—Three former credit union employees have been banned from future work at any federally insured financial institution under prohibition orders issued by the National Credit Union Administration (NCUA). In a Monday announcement, the NCUA noted the following details of the enforcement orders:
* Virginia Anderson, a former employee of TPEA No. 5 CU in Del Rio, Texas, was convicted of theft and sentenced to one year of imprisonment, one year of probation, and ordered to pay just over $1.7 million in restitution; * Gary Ellis, a former employee of River Valley FCU in Brattleboro, Vermont, was convicted of embezzlement and sentenced to six months imprisonment, five years of probation, and ordered to pay $150,000 in restitution; * Kathleen Hammer, a former employee of Western Region FCU of Cleveland, Ohio, entered into a pretrial diversion program with the State of Ohio Court of Common Pleas-Cuyahoga County.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.


RSS print
News Now LiveWire
Why is a #creditunion a good fit for you? http://t.co/i4pGT98mkT via @MONEY
5 minutes ago
The numbers are in: Home Depot data breach impact on #creditunions = $57.4 million, 7.2 million credit/debit cards http://t.co/jorYSOYuxj
1 hours ago
.@Nussle : We'll back off when retailers accept their breach responsibility #NewsNow http://t.co/7WxDXicb6j
3 hours ago
RT @asmarterchoice: RT @daily_finance: Top 5 money management tips for 30-somethings http://t.co/mWRfDRSTE7
3 hours ago
Operational efficiencies focus of new @CUNA program #NewsNow http://t.co/qBYHKVYeQN
3 hours ago