IN THE MATTER OF Leanne Martin,  Former Manager of  Ryder Co-Op Credit Union,  Ryder, North Dakota

No. 99-0901-V

Pursuant to Section 206(i)(1) of the Federal Credit Union Act, 12 U.S.C. §1786(i)(1), you are hereby

notified that you are prohibited from participating in any manner in the affairs of any federally insured

credit union. This prohibition results from activities you engaged in during your affiliation with Ryder

Co-Op Credit Union. This prohibition is effective immediately upon service. In accordance with

Section 206(g)(7)(A) of the Federal Credit Union Act, 12 U.S.C. §1786(g)(7)(A), this Order

shall constitute a prohibition from further participation in any manner in the affairs of any federally

insured financial institution, or other entity identified therein, without the written permission of the

appropriate federal regulatory agency. This Order has been issued based upon the following

information.
 

You pled guilty to one count of Title 18, United States Code, Section 657, embezzlement by a

credit union employee. You were sentenced on June 10, 1999, by the U.S. District Court for

the District of North Dakota, to twelve months and 1 day of  prison followed by three years

of probation and ordered to pay restitution in the amount of $101,782.62 to CUNA Mutual

Group and $13,478.46 to Ryder Co-Op Credit Union jointly with Jack Martin, your husband.

With further restitution of $23,986.76 to CUNA Mutual Group for survivor benefits provided

to account holders. A copy of the Judgment in a Criminal Case, signed June 10, 1999, is

attached to this Order as Attachment 1 and is incorporated by reference herein.
 

You committed the offense which forms the basis for your conviction while you were manager

of Ryder Co-Op Credit Union, Ryder, North Dakota. At the time of your criminal actions,

Ryder Co-Op Credit Union was a federally-insured credit union.
 

The offense to which you pled guilty involves personal dishonesty and breach of trust. Your

continued participation in the affairs of any federally insured credit union may pose a threat

to the interests of credit union members and may threaten to impair public confidence in the

credit union involved.

Pursuant to Section 206(i)(3), of the Federal Credit Union Act, 12 U.S.C. §1786(i)(3), you

may request in writing, within thirty days of service of this Order, an opportunity for a hearing

at which you may present evidence and argument that your continued participation in the

affairs of any federally insured credit union would not, or would not be likely to, pose a threat

to the interests of that credit union's members or threaten to impair public confidence in the

credit union. Any such request should be sent to: Secretary of the Board, National Credit

Union Administration, 1775 Duke Street, Alexandria, Virginia 22314-3428. This hearing will

be held in the Washington, D.C. metropolitan area, or such other place as designated by the

Board, in accordance with Subpart D of Part 747 of the National Credit Union

Administration's Rules and Regulations, 12 C.F.R. §747.301 et. seq.
 

Pursuant to Section 206(k)(2) of the Federal Credit Union Act, 12 U.S.C. §1786(k)(2), any

violation of this Order may subject you to a Civil Money Penalty of up to $1,000,000.00 a

day for each day said violation continues. In addition, pursuant to Section 206(I) of the

Federal Credit Union Act, 12 U.S.C. §1786(I), any violation of this Order is a felony

offense that is punishable by imprisonment of up to five years and a fine of up to $1,000,000.00.

Dated this 8th day of September, 1999.
 

                                  National Credit Union Administration
 
 
 

                                  by                    /s/
                                         J. Leonard Skiles
                                         Regional Director, Region V
                                         National Credit Union Administration