Newsroom

NCUA last month barred four individuals convicted of crimes of dishonesty from any future participation in the affairs of any federally-insured financial institution.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

The four barred in July are as follows:

• Kaye Cornell, a former employee of Michigan Legacy Credit Union in Flat Rock, Mich., pleaded guilty to the charge of credit union misapplication. Cornell was sentenced to one day time served and five years' supervised release and ordered to pay $282,117.66 in restitution.
• Charles P. Juska, a former employee of Tazewell County School Employees Credit Union in Pekin, Ill., pleaded guilty to five counts of bank fraud, five counts of misapplication of credit union funds, and false entry in credit union records. Juska was sentenced to 33 years in prison and 55 years' supervised release and was ordered to pay a one-time assessment of $1,100 upon release.
• Shanice Mano, a former employee of Credit Union 1 in Anchorage, Alaska, pleaded guilty to the charge of bank embezzlement. Mano was sentenced to one year in prison and three years' supervised release and was ordered to pay $21,192.50 in restitution.
• Rashaad Tremaine Rembert, a former employee of Alliance Credit Union of Florida in Gainesville, Fla., pleaded no contendere to the charge of grand theft in the third degree. Rembert was sentenced to five years' probation and was ordered to pay $6,330 in restitution.

Prohibition and administrative orders are searchable by name, institution, city, state and year online via the NCUA Administrative Orders webpage, which also includes links to federal banking agency enforcement actions.