NCUA Media Release

NCUA Issues Prohibition Orders

November 18, 2009, Alexandria, Va. – The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.

Donald Bowers, Jr., the former manager of 1st United Labor Federal Credit Union, Louisville, Kentucky, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation.

Jessica Franco, a former loan officer of Navy Army Federal Credit Union, Corpus Christi, Texas, was convicted of aiding and abetting a false statement on a federal credit union loan or credit application and sentenced to five years probation and ordered to pay a $2,000 fine and a $100 assessment.

Ana Gonzalez, the former head teller of Southland Federal Credit Union, Lufkin, Texas, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation.

Tracey Michelle Reese Hitt, a former employee of Magnolia Federal Credit Union, Jackson, Mississippi, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation.

Anthony C. Jones, a former vice president of State Department FCU, Alexandria, Va., was convicted of credit union theft, embezzlement or misapplication of more than $1,000 and sentenced to 21months in prison, 3 years of supervised probation and ordered to pay $122,067 in restitution.

Christina Pushnik, a former teller at Stanwood Area Federal Credit Union, New Stanton, Pennsylvania, was convicted of property theft and sentenced to two years supervised probation.

 NCUA enforcement orders are online at http://www.ncua.gov/Resources/AdministrativeOrders/Orders.aspx, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered 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.

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, also operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.

 

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