______________________________
IN THE MATTER OF                     )
Janet Tripp                                        )
Former Manager                               )           Docket No.  01-0302-VI
Intermountain Credit Union              )          
Salt Lake City, Utah                         )
______________________________)

ORDER OF PROHIBITION

WHEREAS, Janet Tripp, a former manager of the Utah Associations Credit Union, which was subsequently named Intermountain Credit Union,  (“Credit Union”), is an “institution-affiliated party” participating in the affairs of said credit union; and

WHEREAS, Janet Tripp has executed a Stipulation and Consent to Issuance of an Order of Prohibition, which is accepted and approved by the National Credit Union Administration, acting through counsel; and

WHEREAS, Janet Tripp has stipulated and consented to the issuance of this Order of Prohibition pursuant to Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g) and Part 747 of the National Credit Union Administration Rules and Regulations, 12 C.F.R. §747.

NOW, THEREFORE, IT IS ORDERED THAT:

1. Janet Tripp is prohibited from further participating, in any manner, in the conduct of the affairs of any federally insured credit union and any other institution as defined in Section 206(g)(7) of the Federal Credit Union Act, 12 U.S.C. §1786(g)(7).
2. The Stipulation and Consent to Issuance of this Order of Prohibition is made a part hereof and is incorporated herein by reference.

3. This Order of Prohibition shall become effective on the date it is issued.

NATIONAL CREDIT UNION ADMINISTRATION BOARD

BY:                  _______/s/_________________________________
                        Robert Blatner, Regional Director
                        National Credit Union Administration, Region VI

DATE:                        03/08/01                     

______________________________
IN THE MATTER OF                      )
                                                            )
Janet Tripp                                         )           Docket   01-0302-VI
Former Manager                               )
Intermountain Credit Union              )
Salt Lake City, Utah                          )
______________________________)

STIPULATION AND CONSENT TO ISSUANCE
OF AN ORDER OF PROHIBITION

The National Credit Union Administration Board (“NCUA BOARD”), by and through its undersigned counsel, and Janet Tripp, a former manager of the Utah Associations Credit Union, which was subsequently named Intermountain Credit Union, Salt Lake City, Utah hereby stipulate and agree as follows:

1.  Consideration

The National Credit Union Administration (“NCUA”) is of the opinion that grounds exist to initiate an administrative prohibition against Janet Tripp pursuant to Section 206 of the Federal Credit Union Act, 12 U.S.C. §1786.  Janet Tripp, without admitting or denying that said grounds exist (except those set forth as to Jurisdiction in paragraph 2), desires to avoid the time, cost and expense of administrative litigation.  Accordingly, Janet Tripp consents to the issuance by the NCUA Board of an Order of Prohibition (“Order”) and hereby stipulates and agrees to the following terms in consideration of the settlement, compromise and resolution of all potential administrative claims and charges that have been or might be asserted by the NCUA Board against Janet Tripp arising out of her position as Intermountain Credit Union’s former manager.

2.  Jurisdiction

a.  Janet Tripp is an “institution-affiliated party” within the meaning of Section 206(r) of the Federal Credit Union Act, 12 U.S.C. §1786(r).

b.  Pursuant to the authority vested in the NCUA Board under Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g), and Part 747 of the National Credit Union Administration Rules and Regulations, it is the appropriate Federal agency to maintain enforcement proceedings against an “institution-affiliated party”.  Therefore, Janet Tripp is subject to the authority of the National Credit Union Administration to initiate and maintain prohibition proceedings against her.

3.  Consent

Janet Tripp consents to the issuance by the NCUA Board of the accompanying Order of Prohibition.  She further agrees to comply with its terms upon issuance and stipulates that the Order complies with all requirements of the Federal Credit Union Act.

4.  Waiver

Janet Tripp waives her rights to the administrative hearing provided for in Section 206(g)(4) of the Federal Credit Union Act, 12 U.S.C. §1786(g)(4).  She further waives her right to seek judicial review of the Order or to otherwise challenge the validity of the Order.

5.  Other Actions

Pursuant to this Stipulation, the Order settles and resolves any NCUA Board claims, known and unknown, against Janet Tripp as provided by Paragraph 1 of this Stipulation.  The Stipulation, however, does not release, discharge, compromise, settle, resolve or in any way effect any actions, claims, charges against, or liabilities that arise and that may be or have been brought by Intermountain Credit Union, or any federal or state government agency or entity other than the NCUA Board.

6.  Finality

The Order of Prohibition is issued pursuant to Section 206(g) of the Federal Credit Union Act, 12 U.S.C. §1786(g).  Upon its issuance by the NCUA Board, it shall be a final Order, immediately effective and fully enforceable by the National Credit Union Administration.

WHEREFORE, in consideration of the foregoing, the undersigned counsel on behalf of the National Credit Union Administration, and Janet Tripp execute this Stipulation and Consent to Issuance of an Order of Prohibition.

By:  ____________/s/__________________             ______3/6/01_____
       Dana Brewington, Trial Attorney                            Date
       Office of General Counsel

      ____________/s/__________________             _____3/1/01_____
      Janet Tripp                                                             Date