NCUA bans 1 from future work in FIs

by NAFCU Newsroom

The NCUA in October issued one prohibition notice, prohibiting an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Details from last month’s prohibition order follow:

  • Schantol Collins, a former employee of Members Exchange Credit Union in Ridgeland, Miss., was sentenced on a charge of embezzlement.

 

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