Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Three ex-CU employees prohibited by NCUA
ALEXANDRIA, Va. (11/15/11)--The National Credit Union Administration (NCUA) on Monday blocked former San Antonio FCU employees Melissa Barajas and Donna Gonzalez, and former Southern CU employee Cheryl Watson, from participating in the affairs of any federally insured financial institution.

Barajas and Gonzalez, who worked for the San Antonio-based credit union, were both convicted on embezzlement charges. Barajas will serve 12 months and one day in prison and five years of supervised probation, and will pay $56,423 in restitution. Gonzalez has been sentenced to 15 months in prison and three years of supervised probation, and will pay $56,826.36 in restitution, the NCUA added.

Watson, who served as a bookkeeper with Chattanooga, Tenn.-based Southern CU, consented to an NCUA prohibition order, without admitting or denying fault.

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 prohibition orders.

For the full NCUA release, use the resource link.
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
14 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
15 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
15 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
16 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
17 hours ago