Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUA bans 12 from financial institution work
ALEXANDRIA, Va.(9/24/09)—Twelve former credit union employees have been banned by the National Credit Union Administration (NCUA) from participating in the business of any federally insured financial institution. The NCUA released the following information about the prohibition orders and their subjects;
* Chinithia Bills, a former employee of St. Charles Borromeo Church FCU, New York, N.Y., was convicted of bank fraud and sentenced to 37 months in prison, 4 years of supervised probation, and ordered to pay $135,218.96 in restitution.; * Trena C. Bledsoe, a former employee of Appalachian Community FCU, Kingsport, Tenn., was convicted of embezzlement and making a false oath and account in relation to a bankruptcy case. She was sentenced to 30 months in prison, five years supervised probation, and ordered to pay $105,900 in restitution; * Ollis Grayson, Jr., a former employee of Dallas Educators CU, Selma, Ala., was convicted of fraud in connection with his employment at Dallas Educators CU and sentenced to six months in prison, five years of supervised release, and ordered to pay $75,743 in restitution; * Quartus Omar Henderson, former teller at Security CU, Flint, Mich., was convicted of credit union embezzlement; * Aurelia D. Jennings, a former employee of Piedmont Hospital FCU, Atlanta, was convicted of theft affiliated with the credit union and sentenced to 15 years in prison, with one year served in confinement, a total 14 years probation, and ordered to pay $136,165 in restitution; * Joanna Lynn McGee, a former employee of TEXDOT-WF CU redit Union, Wichita Falls, Texas, was convicted of embezzlement, aiding and abetting and sentenced to 71 months in prison, 5 years supervised probation, and ordered to pay $2,063,891 in restitution; * Scott-Alexander L. McKenzie, a former loan officer of Rochdale Co-Op FCU, Jamaica, N.Y., without admitting or denying fault, signed an order prohibiting him from participating in the affairs of any federally insured financial depository institution; * Jessica Lynn Morgan, a former employee of American 1 FCU, Jackson, Mich., was convicted of theft and sentenced to 365 days in prison, 60 months of supervised release, and ordered to pay $100,570 in restitution; *Nora Phelps, a former employee of South Jersey FCU, Deptford, N.J. , was convicted of bank fraud and sentenced to serve 33 months in prison, five years of supervised probation, and ordered to pay $342,827 in restitution; * Lee Woong Song, a former manager of Korean American FCU, Oakland, Calif., has signed an agreement and is prohibited from participating in the affairs of any federally insured depository institution; * Elsie P. Taylor, a former manager of City of Wilson FCU, Wilson, N.C., was convicted of embezzlement and obtaining property by false pretenses and was sentenced to a suspended sentence of a minimum six months, maximum eight months in prison, placed on supervised probation for 24 months, ordered to complete 100 hours of community service and ordered to pay $795 in fines, court costs and community service fees; and * Patricia Ann Taylor, a former office manager of Nashville Post Offices FCU, Nashville, Tenn., was convicted of money laundering and bank fraud and ordered to serve 13 months in prison, three years of supervised release, and ordered to pay $269,580 in restitution.
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 see these and other NCUA enforcement orders.


RSS print
News Now LiveWire
Speeches by @billcheney, @RepMikePompeo only part of @TheKCUA's annual meeting http://t.co/KTuun9yaLX
16 hours ago
The Mass. #CreditUnion League Wednesday held a Q&A session with Mass. Banking Commissioner David Cotney.
18 hours ago
Stay tuned for News Now as technical difficulties are addressed.
21 hours ago
Looking for a summer vacation savings account? @GOBankingRates has a #creditunion for you. http://t.co/PCCifO7q62
21 hours ago
.@wichitaeagle highlights #MidAmerican #CreditUnion in Wichita and how it focuses on members w/a personal touch http://t.co/Ut3oUWUCkl
22 hours ago