Fed bars former TX bank teller for misappropriating $74k

A former head teller of Texas Community Bank (Laredo, Texas) is prohibited from future work in any federally insured depository institution under a consent order announced Thursday by the Federal Reserve Board.

The consent order, dated Tuesday, states that Adriana Montemayor worked at the bank’s Brownsville, Texas, branch from Nov. 27, 2008, until her termination Sept. 30, 2020. It states that the bank found Sept. 30 that Montemayor, while employed as head teller, had misappropriated $74,000 for her personal benefit from the bank’s vault and working cash teller drawer over the prior two to three years. The order states that Montemayor’s conduct caused a loss to the bank in the same amount and posed “legal and reputational risks” to the bank.

Federal Reserve Board issues enforcement action with former employee of Texas Community Bank