Four from CUs banned in October, regulator reports

Four individuals from credit unions were prohibited in October from participating in affairs of any federally insured financial institution, the federal regulator of credit unions said Wednesday.

In a release, the National Credit Union Administration (NCUA) said the individuals prohibited were:

  • Christine Darley, a former employee of Panhandle Cooperative Federal Credit Union (FCU) in Scottsbluff, Neb., who pleaded guilty to the charge of bank fraud. Darley was sentenced to time served, five years’ supervised release, and ordered to pay $139,879 in restitution, the NCUA said.
  • Janell Purdy, a former employee of First Hawaiian Homes Credit Union in Hoolehua, Hawaii, who pleaded guilty to the charge of conspiracy to commit embezzlement. The agency said Purdy was sentenced to 50 months in prison, three years’ supervised release, and was ordered to pay $949,736.36 in restitution.
  • Krista Putman, a former employee of G.H. Woodworkers FCU in Aberdeen, Wash., who pleaded guilty to the charge of theft. Putman was sentenced to 14 months in prison and was ordered to pay $335,759 in restitution, according to NCUA.
  • Savannah Yang, a former employee of Affinity Plus FCU in Saint Paul, Minn., who pleaded guilty to an embezzlement charge. NCUA said Yang was sentenced to 21 months in prison, one year supervised release, and was ordered to pay $286,666 in restitution.

The agency noted that violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

NCUA Issues Prohibition Notices

 

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