ALEXANDRIA, VA (October 31, 2013) -- The National Credit Union Administration has issued four orders in October prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
- Monica Guzman, a former employee of Mountain America Federal Credit Union in West Jordan, Utah, pleaded guilty to the charge of theft. Guzman was sentenced to one year in prison, three years of probation and ordered to pay restitution.
- Travis Jenkins, a former employee of Mountain America Federal Credit Union in West Jordan, Utah, pleaded guilty to the charge of wrongful appropriation. Jenkins was sentenced to one year in prison and ordered to pay restitution in the amount of $27,251.90.
- Michael Swanka, a former employee of Remington Federal Credit Union in Richfield Springs, N.Y., pleaded guilty to the charge of grand larceny. Swanka was sentenced to a three-year conditional discharge and ordered to pay restitution in the amount of $12,258.
- Carla Welborn, a former employee of Credit Union of Leavenworth County in Lansing, Kans., pleaded guilty to the charge of embezzlement. Welborn was sentenced to 21 months in prison, five years supervised release and ordered to pay restitution in the amount of $329,702.55.
NCUA also makes available links to the enforcement actions of other federal regulators against other institutions or their affiliated parties at http://go.usa.gov/gFP5.
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 95 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.
--NCUA--