NCUA issues prohibition orders
ALEXANDRIA, VA (June 30, 2014) — The National Credit Union Administration has issued six orders in June prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
- Charlene Arva, a former employee of Canandaigua Federal Credit Union in Canandaigua, New York, pleaded guilty to the charge of grand larceny. Arva was sentenced to a prison term of no less than 30 months, and no more than 90 months.
- Crystal Ferreira, a former employee of Columbus Credit Union in Providence, Rhode Island, pleaded guilty to the charge of embezzlement. Ferreira was sentenced to three years supervised release and ordered to pay restitution in the amount of $437,250.
- Robert Foster, a former employee of United Neighbors Federal Credit Union in Watertown, New York, pleaded guilty to the charge of falsifying business records. Foster was fined $795.
- Felisa Kazimierczak, a former employee of Greylock Federal Credit Union in Pittsfield, Massachusetts, pleaded guilty to the charges of kidnapping, misleading a police officer, filing a false crime report, making false entries and larceny. Kazimierczak was sentenced to four years in prison.
- Renee Thomas, a former employee of Community Credit Union in Takoma, Washington, pleaded guilty to the charges of misapplication of credit union funds and wire fraud. Thomas was sentenced to 18 months in prison, three years supervised release and ordered to pay restitution in the amount of $126,469.
- Karen York, a former employee of VA Hospital Federal Credit Union in Little Rock, Arkansas, pleaded guilty to the charge of embezzlement. York was sentenced to one month in prison, two years supervised release and ordered to pay restitution in the amount of $51,920.77.
NCUA enforcement orders are available online at http://go.usa.gov/BTJV and for inspection at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. You also may order copies by mail from NCUA, 1775 Duke St., Alexandria, VA 22314-3428.
Credit unions may search prohibition and administrative orders by name, institution, city, state and year athttp://go.usa.gov/gFP5. The webpage also provides links to the enforcement actions of other federal banking regulators against other institutions or their affiliated parties.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 97 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. AtMyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues..