NCUA issues prohibition orders to two individuals
ALEXANDRIA, VA (August 31, 2015) — The National Credit Union Administration has issued two orders in August prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
- Linda Juhan, a former employee or institution-affiliated party of IBEW Community Federal Credit Union in Beaumont, Texas, consented to the issuance of an order of prohibition to avoid the time and expense of administrative litigation.
- Karen Zunk-Wolf, a former employee of YS Federal Credit Union in Yellow Springs, Ohio, pleaded guilty to the charge of theft. Zunk-Wolf received a five-year probation and was ordered to pay restitution in the amount of $10,233.50.
NCUA enforcement orders are available online 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 at http://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.
About National Credit Union Administration (NCUA)
The 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 United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.
