Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Two blocked from financial institutions work
ALEXANDRIA, Va. (9/29/11)--The National Credit Union Administration (NCUA) issued two prohibition orders Wednesday blocking former federal credit union employees from participating in the affairs of any federally insured financial institution. The orders involve the following individuals:
* Rebecca Poe, a former employee of N&W POCA Division FCU, Bluefield, W.Va., who was convicted of aiding and abetting bank fraud. Poe was sentenced to 51 months in prison, three years supervised probation and ordered to pay restitution in the amount of $2,406,804; and, * Lori J. Smith, a former employee of MSA Employees FCU, Murrysville, Pa., who pleaded guilty to theft by unlawful taking. Smith was sentenced to five years intermediate punishment with 12 months electronic home monitoring and two years supervised probation, and ordered to pay restitution and join gamblers anonymous.
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.
Other Resources

RSS print
News Now LiveWire
Decades-high number of #VA loans boost housing #market #NewsNow http://t.co/RhGPMs0w9e
27 minutes ago
85% of members for 100% safe with their #creditunion, says @fileneresearch study. See #newsnow http://t.co/a3deRHSp5x
33 minutes ago
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
17 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
19 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
19 hours ago