IN THE MATTER OF

SUSANA MARIE PUENTE
                                                                                                    No. 98-0401-VI
An Institution Affiliated Party and Person
Participating in the Affairs of the National
City Employees Federal Credit Union
____________________________________

Pursuant to Section 206(i)(1) of the Federal Credit Union Act, 12 U.S.C. �86(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 National City Employees Federal 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.
�86(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 pleaded guilty to one count of Title 18, United States Code, Section 657, embezzlement. You were sentenced on
August 6, 1997, by the U.S. District Court for the Southern District of California, to imprisonment for eighteen months,
followed by supervised release for five years, and ordered to pay restitution of $40,000. A copy of the Judgment in a
Criminal Case, dated August 6, 1997, is attached to this Order as Attachment 1 and is incorporated by reference herein.
Because you waived your right to an appeal, your conviction is now final.

The offense of which you were convicted, embezzlement from a credit union, was committed while you were employed as
the branch manager of the San Marcos Optical Branch of the National City Employees Federal Credit Union located in
San Marcos, California. It was discovered that from April 1996 to August 5, 1996, you had withdrawn money from 62
savings accounts without authorization, taken money from your cash drawer and withdrawn money from the credit union’s
checking account with an estimated loss of $26,234 to the credit union.

The offense to which you pleaded 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. Also stated in the section Special Conditions of Supervision in the
Judgment you are not to engage in any employment in which you have access to other persons finances, including their
case, checking accounts, charge accounts and accounts receivable.
 

Pursuant to Section 206(i)(3), of the Federal Credit Union Act, 12 U.S.C. �86(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 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 National Credit Union Administration’s Rules and Regulations, 12 C.F.R. �7.301 et. seq.
 

Pursuant to Section 206(k)(2) of the Federal Credit Union Act, 12 U.S.C. �86(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. �86(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.

Date this ______________ day of March, 1998
 

National Credit Union Administration
                        by

 
_________________________________
Rick Ravine
Acting Regional Director, Region VI
National Credit Union Administration