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
Theft larceny prompt new NCUA prohibition orders
ALEXANDRIA, Va. (8/2/12)--The National Credit Union Administration (NCUA) on Wednesday prohibited five individuals from participating in the affairs of any federally insured financial institution.

They are:

  • Former Primeway FCU, Houston, Texas, employee Ashley Lynne Jackson, who was convicted of theft. Jackson was sentenced to nine months in prison and three years of probation;
  • Former United Northwest FCU, Norton, Kan., manager Mark A. Keilig. Keilig consented to the prohibition order to avoid administrative litigation;
  • Former Pacific Advantage FCU, Burlingame, Calif., employee Norielyn Galbadores Bautista. Bautista was convicted of grand theft, unauthorized use of personal identifying information of another person, and forgery and counterfeiting. She was sentenced to four years and three months in prison and ordered to pay $451,198.67 in restitution;
  • Former Morton R. Lane State University FCU, Buffalo, N.Y., employee Wanda Hasbrouck, who was convicted of grand larceny. Hasbrouck was sentenced to five years probation and ordered to pay $23,350 in restitution; and
  • Former of Catholic and Community Credit Union, Shiloh, Ill., employee Stacy A. Mergelkamp. Mergelkamp was convicted of theft, embezzlement, and misapplication by credit union officer or employees. She was sentenced to six months in prison and five years of supervised release, and ordered to pay $38,120 in restitution.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. For the full NCUA release, use the resource link.
Other Resources

RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
4 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
6 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
6 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
6 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
8 hours ago