NCUA bans 1 from future work in FIs

first_imgThis is placeholder text continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The NCUA in October issued one prohibition notice, prohibiting an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial 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 order follow:Schantol Collins, a former employee of Members Exchange Credit Union in Ridgeland, Miss., was sentenced on a charge of embezzlement.center_img This post is currently collecting data…last_img

Leave a Reply

Your email address will not be published. Required fields are marked *