NCUA issues 1 prohibition notice in October

November 01, 2023

NCUA issues 1 prohibition notice in October

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The NCUA issued one prohibition notice in October, prohibiting the individual previously associated with credit unions from any future participation in the affairs of a federally-insured depository 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 notice follow:

Ryan Nicole Horne, a former employee of NASA Federal Credit Union (Upper Marlboro, Md.).

NCUA enforcement orders are available via a searchable database online. Enforcement actions of federal banking agencies against other institutions or their affiliated parties may also be viewed via the administrative orders webpage.

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