NCUA Issues Prohibition Orders
Alexandria, Va., November 12, 2008 – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
Thomas Gerald Hayes, former executive-president of ELGA Credit Union Credit Union, Burton, Michigan, was convicted of embezzlement and sentenced to 21 months in prison, 4 years of supervised probation and ordered to pay $130,301 in restitution to the credit union.
Sherril C. Millien, a former teller at Rockland Employees Federal Credit Union,
Spring Valley, New York, was convicted of grand larceny and sentenced to serve 6 months in prison, 5 years of supervised probation and ordered to pay $45,000 in restitution to the credit union.
Randal Scott Replogle, former ATM representative at Blair Federal Credit Union, Altoona Regional Health System Federal Credit Union and Huntingdon Federal Credit Union, Altoona, Pennsylvania, was convicted of property theft and sentenced to serve 60 months of supervised probation and ordered to pay a $500 fine.
Lucinda Sterling, former vice president of the liquidated Nor-Car Federal Credit Union, Easton, Pennsylvania, consented to entry of a Prohibition Order to avoid the time and cost of litigation.
Amy M. Taylor, former manager of Hurd Employees Credit Union, Greenville, Tennessee, was charged with theft, entered a pre-trial diversion program, and was ordered to submit to 2 years of supervised probation and to pay restitution of $14,000 to the credit union.
NCUA enforcement orders are online at http://www.ncua.gov/administrative_orders/Admin/administrative.html, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the savings of over 86 million account holders in all federal credit unions and the majority of state-chartered credit unions.
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