ALEXANDRIA, Va. (Nov. 30, 2012) – The National Credit Union Administration (NCUA) has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
Joyce Judy, a former employee of Arkansas Employees Federal Credit Union, Little Rock, Ark., was convicted of bank fraud. Judy was sentenced to 26 months in prison, three years supervised release and ordered to pay restitution in the amount of $500,000.
Kimberly Unger, a former employee of Spencerport Federal Credit Union, Spencerport, N.Y., consented to the issuance of a prohibition order to avoid the time, cost and expense of administrative litigation.
NCUA enforcement orders are available online at http://go.usa.gov/yiJ
and for inspection at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. You may order copies by mail from NCUA, 1775 Duke St., Alexandria, VA 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of nearly 100
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.