NCUA issues 3 prohibition notices in August

The NCUA issued three prohibition notices in August, prohibiting the individuals 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 notices follow:

  • Amy Bradley, a former employee of Citizens Credit Union and First Community Credit Union (Jamestown, N.D.);
  • Whitney Phillips, a former employee of Mississippi Central Federal Credit Union (Morton, Miss.); and
  • Melissa Velazquez, a former employee of Financial Resources Federal Credit Union (Bridgewater, N.J.).


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