Newsroom

June 30, 2015

NCUA issues 4 prohibition orders in June

NCUA issued four prohibition orders in June to bar individuals 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. NCUA's prohibition orders are as follows:

  • Jane Dearth, a former employee of Riverview Credit Union in Belpre, Ohio, pleaded guilty to theft, was sentenced to 90 days in prison and three years of supervised release, and ordered to pay court costs and restitution in the amount of $37,000.
  • Teresa Humphries, a former employee of Lynrocten Federal Credit Union in Lynchburg, Va., pleaded guilty to theft and embezzlement, was sentenced to 40 months in prison and five years of supervised release, and ordered to pay restitution in the amount of $11,733,683.30.
  • Debra M. Walker, an institution-affiliated party of Petrowax Federal Credit Union in Smethport, Pa., consented to an order of prohibition to avoid the time and expense of administrative litigation.
  • Jessica M. Yeaw, a former employee of Horizons Federal Credit Union in Binghamton, N.Y., was convicted of petty theft, received probation and was ordered to pay restitution.

A record of all of the agency's administrative orders is available in a searchable database on the agency's website.