Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA Bans Four From CU Work
ALEXANDRIA, Va. (11/1/13)--The National Credit Union Administration has banned four former credit union employees from participating in the affairs of any federally insured financial institution.

The NCUA said the orders involve the following individuals:
  • A former Mountain America FCU, West Jordan, Utah, employee, Monica Guzman, who was sentenced to one year in prison and three years of probation, and ordered to pay restitution after pleading guilty to theft charges;
  • Another former Mountain America FCU employee, Travis Jenkins, who was sentenced to one year in prison and ordered to pay $27,251.90 in restitution¬†after pleading guilty to wrongful appropriation charges;
  • A former Remington FCU, Richfield Springs, N.Y., employee Michael Swanka, who was sentenced to a three-year conditional discharge and ordered to pay $12,258 in restitution after pleading guilty to grand larceny charges; and
  • A former Credit Union of Leavenworth County, Lansing, Kans., employee Carla Welborn, who was sentenced to 21 months in prison and five years of supervised release, and ordered to pay $329,702.55 in restitution, after pleading guilty to embezzlement charges.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

Use the resource link to access all NCUA enforcement orders.


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
19 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
15 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
15 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
17 hours ago