Newsroom
August 01, 2019
NCUA bans 7 from future work in FIs
The NCUA in July issued two prohibition orders and five prohibition notices, which prohibit individuals previously associated with credit unions from any future participation in the affairs of a federally insured financial institution.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. The names and details from last month's prohibitions follow:
- Joey E. Camp, a former employee of Peoria Fire Fighters Credit Union in Peoria, Ill., was sentenced on one count of theft.
- Amy Denise Fincher, a former employee of Rheem Arkansas Federal Credit Union in Fort Smith, Ark., pleaded guilty to the charge of theft.
- Christopher Dillon Hughes, a former institution-affiliated party of Dixies Federal Credit Union in Darlington, S.C., agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board's claims against him.
- Jennifer L. Mix, a former institution-affiliated party of Hornell Erie Credit Union in Hornell, N.Y., agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board's claims against her.
- Ignacio Morales, a former employee of Borinquen Federal Credit Union in Philadelphia, Pa., pleaded guilty to the charges of conspiracy to defraud the government, embezzlement, false reports and money laundering.
- Benjamin Tyler Severson, a former employee of Marine Credit Union in La Crosse, Wis., pleaded no contest to one charge of identity theft.
- Shannon N. Smith, a former employee of Appalachian Community Federal Credit Union in Gray, Tenn., was sentenced on the charge of theft of property.
NCUA enforcement orders are available via a searchable database online. Enforcement actions of federal banking agencies against other institutions or their affiliated parties may also be viewed via the administrative orders webpage.