NCUA bans 3 from future work in FIs

The NCUA in May issued two prohibition notices and one prohibition order, 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. The names and details from last month’s prohibition notices and order follow:

  • Ryan L. Baum, a former employee of Northeastern Operating Engineers Federal Credit Union in Whitestone, N.Y., was sentenced on the charge of petit larceny;
  • Frances McComas, a former employee of West Virginia Federal Credit Union in South Charleston, W.Va., was sentenced on the charge of embezzlement; and

 

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