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
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
32 minutes ago
Data breach fatigue? No wonder: 45% of Americans said they had received breach notification from retailer/card-issuer http://t.co/gRIuZanUNQ
2 hours ago
Season's greetings from playlists to cookies #NewsNow http://t.co/5gu8nrCoyL
2 hours ago
Panelists decrypt payment trends for #creditunion leaders http://t.co/rXvI63w1sU
2 hours ago
tax status preservation, reg relief among @CUNA successes in 113th Congress #NewsNow http://t.co/fWhzXoT5kK
3 hours ago