________________________________
                                )
In the Matter of                )    
                                )
       CYNTHIA PORTER LEESON,   ) NCUA Docket No.
                                ) 96-10-01-II
                  Respondent.   )            
________________________________)

WHEREAS respondent Cynthia Porter Leeson ("Respondent"), former treasurer/manager of Anacostia Naval Federal Credit Union, was an "institution-affiliated party" of that credit union, as defined by 12 U.S.C. §1786(r)(1);

WHEREAS Respondent pled guilty on August 8, 1995, to a single count of bank fraud, 18 U.S.C. §1344, which plea was accepted by the U.S. District Court for the District of Columbia on January 2, 1996 (United States v. Porter Leeson, Crim. No. 95-0183 (D.D.C.);

WHEREAS in connection with her guilty plea Respondent consented to a final order of the NCUA Board, pursuant to 12 U.S.C. §1786(g), permanently prohibiting Respondent from participating in the affairs of any federally-insured financial institution, and waived any right to an administrative hearing and to judicial review of that order (see plea offer letter executed 8/8/95 at paragraph 2(d));

WHEREAS on January 2, 1996, Respondent was sentenced to a 21-month period of incarceration, which she is currently serving, and ordered to pay restitution to National Credit Union Administration ("NCUA") in the amount of $330,000; and

WHEREAS the NCUA Board finds that proper grounds exist to issue a Final Order of Prohibition against Respondent;

WHEREAS the NCUA Board has delegated authority to Regional Directors of the NCUA to issue an Order on its behalf when a respondent has consented to issuance of such an Order.

NOW, THEREFORE, IT IS HEREBY ORDERED that:

1. Cynthia Porter Leeson is prohibited from participating in any manner in the conduct of the affairs of any federally-insured credit union, and from continuing or commencing to hold any office, or participate in any manner, in the conduct of the affairs of any insured depository institution; any institution treated as an insured bank under paragraphs (3) or (4) of section 8(b) of the Federal Deposit Insurance Act ("FDIA"), or as a savings association under section 8(b)(8) of the FDIA; any insured institution chartered under the Farm Credit Act of 1971; any appropriate Federal depository institution regulatory agency; the Federal Housing Finance Board and any Federal home loan bank; and the Resolution Trust Corporation. 12 U.S.C. §1786(g)(7)(A).

2. The plea offer letter executed by Cynthia Porter Leeson on August 8, 1995, in which she consented to this Final Order of Prohibition, is made a part hereof and is incorporated herein by reference; and

3. This Final Order of Prohibition shall be effective and enforceable on the date of set forth below.

IT IS SO ORDERED this ____ day of October 1996.

I hereby certify that on this _____ day of October 1996, I caused one copy of the foregoing "Final Order of Prohibition," with attachment, to be served by U.S. Mail, certified return receipt requested, upon: