NCUA bans former CEO

Linda D. Landry stole more than $20,000 from Texas-based credit union.

The NCUA banned last week Linda D. Landry from participating in the affairs of a federally insured financial institution.

Landry, a former president/CEO of the $6.9 million Southeast Texas Employees Federal Credit Union in Orange, allegedly stole more than $20,000 from the credit union’s bank account, according to the NCUA’s prohibition order.

Through its investigation, the independent federal agency determined Landry converted these funds for her own personal use.

She did not admit nor deny this allegation, however, the prohibition order shows.

 

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