Three individuals are prohibited from participating in the affairs of any federally insured financial institution – including one who was ordered to pay more than $1.7 million in restitution – under notices and an order issued by the credit union federal regulator in December.
The National Credit Union Administration (NCUA) said it took the actions against:
- Alexander B. Yarnall, who was ordered to pay more than $1.7 million in restitution and sentenced to 63 months in prison (with three years’ supervised release). Yarnall, formerly of IBM Southeast Employees Credit Union in Delray Beach, Fla., pleaded guilty to a charge of theft, embezzlement or misapplication by a credit union employee.
- Rhoda K. Pohina (also known as Rhodakwon Kuuleialihii Pohina), who pleaded guilty to a charge of theft and was sentenced to four years in prison and three years’ probation. Pohina is formerly of Harrison District No. 2 Federal Credit Union in Colorado Springs, Colo.
- James Farrell, who agreed and consented to a prohibition order and agreed to comply with all of its terms to settle and resolve the agency’s claims against him. Farrell is a former employee or institution-affiliated party of New Haven County Credit Union in New Haven, Conn.