NCUA Issues Prohibition Orders
Alexandria, Va. October 16, 2007 – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
David A. Call, a former chief executive officer at Florida Health Systems Federal Credit Union, Miami, Fla., agreed to an order of prohibition , without admitting or denying fault, in order to save the time and expense of litigation.
Cindy Diana Hastie, a former employee at State Employees Credit Union, Jacksonville, Fla., pled guilty to embezzlement and was sentenced to 21 months in prison, 5 years of supervised release and ordered to pay $212,143 in restitution to the credit union.
Alisa Marie Ryan, a former teller at Aegis Credit Union, Clinton, Iowa, pled guilty to forgery and theft and was sentenced to 5 years in prison and ordered to pay $15,240 in restitution which was suspended. She is serving 5 years of supervised release
Michael J. Symons, a former chief executive officer at Nor-Car Federal Credit Union, Easton, Pa., pled guilty to a misapplication of funds and filing a false tax return and was sentenced to 37 months in prison, 5 years probation, and ordered to pay $1,846,800 in restitution to NCUA and $11,480 in restitution to the Internal Revenue Service.
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.
|
