NCUA issues 1 prohibition notice in October

The NCUA issued one prohibition notice in October, prohibiting the individual previously associated with credit unions from any future participation in the affairs of a federally-insured depository 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 notice follow:

  • Ryan Nicole Horne, a former employee of NASA Federal Credit Union (Upper Marlboro, Md.).


continue reading »