IN THE MATTER OF JOAN WINZER  FORMER MANAGER OF MIDDLESEX HEALTHCARE FEDERAL CREDIT UNION

Docket No.:  99-0401-I

        WHEREAS, Joan Winzer 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 its counsel; and

        WHEREAS, Joan Winzer in the Stipulation has consented and agreed 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.

        NOW THEREFORE, IT IS ORDERED THAT:

            1.  Joan Winzer is an institution-affiliated party in that she is the former manager of Middlesex

Healthcare Federal Credit Union.

            2.  The Stipulation and Consent to the Issuance of this Order of Prohibition is made a part

hereof and is incorporated herein by reference.

            3.  Joan Winzer is prohibited from participating in any manner in the conduct of the affairs

of any federally insured credit union and any other institution as defined in 12 U.S.C. §1786(g)(7).

            4.  This Order of Prohibition shall be effective on the date it is issued.
 

                                NATIONAL CREDIT UNION ADMINISTRATION BOARD
 

                                                    By: ___________________________________
                                                                        ANTHONY La CRETA

                                                                    Date: ____4/9/99___________
 
 

 
 
 
 

IN THE MATTER OF JOAN WINZER  MANAGER OF MIDDLESEX  HEALTHCARE  FEDERAL CREDIT UNION

Docket No.: 99-0401-I

The National Credit Union Administration Board ("NCUA Board"), by and through its undersigned

counsel, and Joan Winzer, former manager of Middlesex Healthcare Federal Credit Union, Middletown,

Connecticut hereby stipulate and agree as follows:

            1. Consideration. The National Credit Union Administration is of the opinion that grounds exist

to initiate an administrative prohibition against Joan Winzer pursuant to Section 206 of the Federal

Credit Union Act, 12 U.S.C. §1786. Joan Winzer, 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, Joan Winzer consents to the issuance by 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 Joan Winzer arising out of her position as a manager

of Middlesex Healthcare Federal Credit Union.

            2. Jurisdiction.

                    (a) Joan Winzer 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 Board of the

National Credit Union Administration 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 an

appropriate Federal agency to maintain enforcement proceedings against such institution-affiliated party.

Therefore, Joan Winzer is subject to the authority of the National Credit Union Administration to initiate

and maintain prohibition proceedings against her.

            3. Consent. Joan Winzer consents to the issuance by the National Credit Union Administration

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. Waivers. Joan Winzer waives her right 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 of Prohibition or otherwise challenge the validity or legality of the Order.

            5. Other Actions. Pursuant to this Stipulation, the Order settles and resolves any NCUA Board

claims, known and unknown, against Joan Winzer as provided by paragraph 1 of this Stipulation. The

Stipulation, however, does not release, discharge, compromise, settle, dismiss, resolve, or in any way

effect any actions, claims, charges against, or liabilities that arise and that may be or have been brought

by Middlesex Healthcare Federal 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 Federal Credit

Union Act, 12 U.S.C. §1786(g). Upon its issuance by the National Credit Union Administration Board,

it shall be a final Order, effective and fully enforceable by the National Credit Union Administration.

        WHEREFORE, in consideration of the foregoing the undersigned, on behalf of the National

Credit Union Administration, and Joan Winzer execute this Stipulation and Consent to Issuance of Order

of Prohibition.
 
 

By: ______/S/____________________                            _____4-6-99___________
      Margaret E. McPartlin                                                   Date
      Trial Attorney
      Office of General Counsel
 

       _______/S/     ________________                              ______3/29/99_________
       Joan Winzer                                                                   Date