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.