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National Credit Union Administration
Issues Prohibition Orders
May 26, 2005, Alexandria, Va. – The National Credit Union Administration (NCUA) has issued orders prohibiting each of the following individuals from participating in any manner in the affairs of federally insured financial institutions:
- Maria Belk, former employee of Americu Credit Union, Rome New York;
- Shondra Bryant, former loan officer with Shell Employees Houston Texas Federal Credit Union, Houston, Texas;
- Pamela Huene, former employee of Pueblo City Employees Federal Credit Union, Pueblo, Colorado;
- Rochelle R. Kennedy, former deposit operations manager of Leominster Credit Union, Leominster, Massachusetts;
- John B. Matrulli, former vice president of lending at Up State Federal Credit Union, Rome, New York; and
- Sharon A. Smith, former manager of Rome Federal Credit Union, Rome, New York.
ORDERS OF PROHIBITION
- Maria Belk pled guilty to grand larceny and was sentenced by the Oneida County Court of Rome, N.Y., to 2 to 4 years in prison.
- Shondra Bryant, without admitting or denying fault, consented to a prohibition order to avoid the time and expense of litigation.
- Pamela Huene pled guilty to theft and was sentenced, by the District Court of Pueblo County Colorado, to 10 years of supervised probation, and ordered to perform 250 hours of community service. A 90-day jail sentence was suspended.
- Rochelle R. Kennedy pled guilty to embezzlement. She was sentenced by the Worcester Superior Court of Massachusetts to one year of monitored house arrest, placed on probation for 10 years and ordered to pay $20,000 in restitution from her retirement fund.
- John B. Matrulli was convicted of conspiring to defraud a financial institution, making false entries and accepting gratuities while serving as a financial institution officer. Matrulli was sentenced by the U.S. District Court to 33 months in prison, 5 years of supervised probation and ordered to pay $311,936 in restitution.
- Sharon A. Smith pled guilty to embezzlement and misapplication of credit union funds. She was sentenced by the U.S. District Court of New York to 46 months in prison, 5 years of supervised probation and ordered to pay $1,085,370 in restitution to Rome Federal Credit Union.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
NCUA enforcement orders are online at http://www.ncua.gov/administrative_orders/Index.htm, and may be inspected at NCUA’s Office of General Counsel from 9 a.m. to 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
The National Credit Union Administration is the independent federal agency that regulates, charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the savings of over 83 million account holders in all federal credit unions and the majority of state-chartered credit unions.
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