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 […]
Three former credit union employees were prohibited in March from ever again working at a federally insured financial institution, the federal regulator of credit unions said Friday, for charges that ranged from making false entries […]
A busy February featured 15 orders issued by the federal deposit insurance agency, it said Friday – including five removals and prohibitions, one civil money penalty (CMP), one consent order, one restitution order (including a […]
A former director in Massachusetts pleaded guilty to an extortion charge, and a former employee in Wisconsin admitted to a theft, resulting in both being ordered to pay restitution to their credit unions by the […]
A former employee of an Alabama bank has been prohibited from working at a financial institution after embezzling money from bank customers for personal gain, the Federal Reserve said Tuesday. Eric Scott Darty, formerly of […]
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