National Credit Union Administration
Issues Prohibition Orders
January 6, 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:
- Bonnie L. Blaising, former employee of Reliable Federal Credit Union of Fort Wayne, Indiana.
- Amanda R. Olney, former teller, Syracuse Postal Federal Credit Union of Syracuse, New York.
- Daniel J. Doyle, Jr., former chief executive officer at Fairleigh Dickinson Federal Credit Union of Madison, New Jersey.
- Katherine Lynn Wright, former manager of Texas First United Federal Credit Union of Fort Worth, Texas
- Tracy Lynn Mayshack, former employee of Industrial Credit Union of Whatcom County, Washington.
- Marabeth Anne Peets, former accounting department supervisor of Sea Comm Federal Credit Union of Massena, New York.
- Joyce Miles, former loan manager of ASHE Federal Credit Union of Little Rock, Arkansas.
ORDERS OF PROHIBITION
Bonnie L. Blaising, without admitting or denying fault, consented to a prohibition order to avoid the time and expense of litigation.
Amanda R. Olney, was convicted of the crime of grand larceny third degree and was ordered to pay restitution in the sum of $11,420.00, and a collection fee of $1,142.00.
Daniel J. Doyle, Jr., pled guilty to one count of embezzlement from a Federal Credit Union and was sentenced to serve 46 months in prison, 5 years of supervised probation upon release, ordered to pay restitution in the amount of $779,783.10 to Fairleigh Dickinson Federal Credit Union, $997,500.00 to CUNA Mutual Insurance Company, and a special assessment of $100.00.
Katherine Lynn Wright, former manager of Texas First United Federal Credit Union of Fort Worth, Texas pled guilty to one felony count of financial institution fraud and was sentenced to serve 18 months in prison, 5 years of supervised probation upon release and ordered to pay restitution in the amount of $86,249.75.
Tracy Lynn Mayshack, former employee of Industrial Credit Union of Whatcom County, Washington, pled guilty to three felony counts of theft in the first degree and was sentenced to serve 4 months in prison, and ordered to pay restitution in the amount of $60,445.00.
Marabeth Anne Peets, former accounting department supervisor of Sea Comm Federal Credit Union of Massena, New York, pled guilty to one count of Credit Union Embezzlement and was sentenced to serve 33 months incarceration followed by 5 years of probation, and ordered to pay restitution in the amount of $412,913.85.
Joyce Miles, former loan manager of ASHE Federal Credit Union of Little Rock, Arkansas, without admitting or denying fault, consented to a prohibition order to avoid the time and expense of litigation.
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/Admin/administrative.html, 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 84 million account holders in all federal credit unions and the majority of state-chartered credit unions.
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