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 employment with Caddo Parish Teachers Federal Credit Union (CPTFCU). 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 on the following information.

You pleaded guilty to one count of Title 18, United States Code, Section 657, Misapplication of Credit Union Funds. You were sentenced on February 9, 1998, by United States District Judge Walters of the United States District Court, Western District of Louisiana, to imprisonment of 3 months, followed by supervised release for a term of three years, and to pay restitution in the amount of $18,037.36. A copy of the Judgment in a Criminal Case, signed by Judge Walters on February 9, 1998, and entered on February 11, 1998, is attached to this Order as Attachment 1 and is incorporated by reference herein. Because an appeal has not been filed within the time specified by the Federal Rules of Appellate Procedure, your conviction is now final.

The offense of which you were convicted, Misapplication of Credit Union Funds, was committed while you were employed as the bookkeeper at CPTFCU. Beginning on or about September 27, 1996 and continuing until on or about January 13, 1997, you knowingly and willfully, with the intent to defraud CPTFCU, did embezzle and misapply $18,037.36. Your illegal acts resulted in a loss to CPTFCU. At the time of your criminal action, CPTFCU was a federally chartered and insured credit union and you were a person participating in the affairs of CPTFCU.

The offense to which you pleaded guilty involved 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 the 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.

Date: August 31, 1998

National Credit Union Administration Board

By Delegated Authority

By: /s/Alonzo A. Swann, III

Alonzo A. Swann, III
Regional Director, Region III
National Credit Union Administration