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July 05, 2023

NCUA issues 3 prohibition notices in June

The NCUA issued three prohibition notices in June, prohibiting the individuals 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 notices follow:

  • Jennifer Baker, a former employee of United Neighbors Federal Credit Union (Watertown, N.Y.);
  • Nellie Gray, a former employee of Mississippi Central Federal Credit Union (Morton, Miss.); and
  • Leah Lehman, a former employee of Southern Pine Credit Union (Valdosta, Ga.).

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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