Five former credit union employees, one of whom was ordered to pay $1 million in restitution in addition to serving prison time for her crimes, have been barred from future involvement in the affairs of […]
Eight removal and prohibition orders were among the 15 enforcement actions the federal bank deposit insurer took in July, the agency said Friday; three “section 19” orders, restoring the ability of individuals to engage in […]
Three former employees of credit unions (including two that were liquidated in recent years) are prohibited from future participation in the affairs of any federally insured financial institution under orders published online by the National […]
Stanley D. Hayes, a former employee of the now-defunct Valley State Employees Credit Union (Saginaw, Mich.), has been barred by the federal regulator of credit unions from any future participation in the affairs of a […]
A final, modified “statement of policy” by the federal bank deposit agency on prohibitions and removals of individuals from engagement with a federally insured bank has gone into effect and will soon be published, according […]
Two former bank employees – one charged with embezzlement at a Massachusetts bank, another charged with misappropriating at least $562,000 from a Tennessee institution – have been prohibited from future involvement in financial institutions, the […]
A former employee of Regions Bank in Birmingham, Ala., has been prohibited from future involvement with financial institutions for allegedly engaging in improper practices regarding credit origination, the Federal Reserve said Tuesday. Ashley N. Burrus, […]
The federal regulator of credit unions issued notices in May prohibiting two individuals from participating in the affairs of any federally insured financial institution. In its announcement Thursday, the National Credit Union Administration (NCUA) reported […]
A former credit union employee has been prohibited from participating in the affairs of any federally insured financial institution, the federal regulator of credit unions said, after having served a prison sentence and supervised release. […]
Two employees and a director of a California bank have been assessed a total of $60,000 in civil money penalties for failure to enforce an order against the bank by federal authorities, the regulator of […]
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