Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA orders bar six from financial institution work
ALEXANDRIA, Va. (11/20/09)--The National Credit Union Administration issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
* Donald Bowers, Jr., the former manager of 1st United Labor FCU, Louisville, Ky., without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation; * Jessica Franco, a former loan officer of Navy Army FCU, Corpus Christi, Texas, was convicted of aiding and abetting a false statement on a federal credit union loan or credit application and sentenced to five years probation and ordered to pay a $2,000 fine and a $100 assessment; * Ana Gonzalez, former head teller of Southland FCU, Lufkin, Texas, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation; * Tracey Michelle Reese Hitt, a former employee of Magnolia FCU, Jackson, Miss., without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation; * Anthony C. Jones, a former vice president of State Department FCU, Alexandria, Va., was convicted of credit union theft, embezzlement or misapplication of more than $1,000 and sentenced to 21months in prison, three years of supervised probation and ordered to pay $122,067 in restitution; and * Christina Pushnik, a former teller at Stanwood Area FCU, New Stanton, Pa., was convicted of property theft and sentenced to two years supervised probation.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Use the resource link below to view NCUA enforcement orders online.
Other Resources

RSS print
News Now LiveWire
.@FinancialCmte is now discussing #HR5148. Act would amend TILA to exempt high-risk mortgages from property appraisal reqs
32 seconds ago
Reps. Hensarling and Luetkemeyer have pledged to ensure #creditunion parity before #HR4042 sees action on House floor
4 minutes ago
The @FinancialCmte has ordered a recorded vote for #HR4042. There will be no #creditunion amendment to the bill.
6 minutes ago
Rep. Hensarling on HR 4042: "I plan to work to ensure #creditunion parity in this bill." Act would study appropriate capital reqs for MSAs
28 minutes ago
The @FinancialCmte has passed HR3240, the Reg D Study Act, by voice vote
31 minutes ago