Credit union regulator makes public seven prohibitions and notices issued in July

Two former credit union employees were prohibited, and five others faced notices of prohibition, from the National Credit Union Administration (NCUA) in actions by the agency in July.

In a release Wednesday, NCUA said that it has prohibited from participating in the affairs of any federally insured financial institution both Joey E. Camp and Amy Denise Fletcher. Camp was a former employee of Peoria Fire Fighters Credit Union (FCU) in Peoria, Ill., who was sentenced in state court on one count of theft. Fletcher was a former employee of Rheem Arkansas FCU in Fort Smith, Ark., who pleaded guilty to the charge of theft in that state’s court.

The agency also said it also initiated prohibition proceedings against five other employees or “institution-related parties” of credit unions, who are:

  • Christopher Dillon Hughes, a former institution-affiliated party of Dixies FCU in Darlington, S.C., who agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against him. NCUA said that it found that Hughes, while an employee of the credit union and without authorization, converted credit union funds for his own use by removing $10,000 in currency from the credit union’s vault and departing the credit union premises with the money, having no official, necessary or authorized business purpose to do so.
  • Jennifer L. Mix, a former institution-affiliated party of Hornell Erie Credit Union in Hornell, N.Y., who agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against her. NCUA said it found that Mix falsified credit union records and abused her position to assure the approval of a loan to herself in an amount exceeding the amount actually approved by the credit union’s board of directors as required by policy. Additionally, NCUA said, Mix, without authorization, caused payroll amounts to be paid to herself prior to the dates on which those amounts normally would have been paid, and prior to when she had performed the work, essentially taking an advance on her pay without incurring any interest expense.
  • Ignacio Morales, a former employee of Borinquen FCU in Philadelphia, Pa., who pleaded guilty to charges of conspiracy to defraud the government, embezzlement, false reports, and money laundering.
  • Benjamin Tyler Severson, a former employee of Marine Credit Union in La Crosse, Wis., who pleaded no contest to one charge of identity theft.
  • Shannon N. Smith, a former employee of Appalachian Community FCU in Gray, Tenn., who was sentenced on the charge of theft of property.

NCUA Issues Prohibition Notices