ALEXANDRIA, Va. (Sept. 28, 2018) – The National Credit Union Administration issued one prohibition order and four prohibition notices in September. These individuals are prohibited from participating in the affairs of any federally insured financial institution.
- Melody Camba, a former employee of Independent Employers Group Federal Credit Union in Hilo, Hawaii, pleaded guilty to the charge of embezzlement. Camba was sentenced to two years in prison, five years’ supervised release, and was ordered to pay $308,696.38 in restitution.
- Stanley D. Hayes, a former employee of Valley State Employees Credit Union in Saginaw, Michigan, pleaded guilty to the charges of embezzlement and computer crime. Hayes was sentenced to serve up to 20 years in prison and was ordered to pay $709,000 in restitution.
- Jane L. Madtson, a former employee of Grays Harbor Community Hospital Federal Credit Union in Aberdeen, Washington, pleaded guilty to the charge of theft. Madtson was sentenced to 30 days in prison and 240 hours of community service, and was ordered to pay $8,309.89 in restitution.
- Allennie Naeole, a former employee of First Hawaiian Homes Credit Union in Hoolehua, Hawaii, pleaded guilty to the charges of conspiracy to commit embezzlement and identity theft. Naeole was sentenced to seven years in prison, three years’ supervised release, and was ordered to pay more than $1 million in restitution.
- Amy Simon, a former employee or institution-affiliated party of South Jennings Catholic Federal Credit Union in Jennings, Louisiana, agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against her.
Prohibition and administrative orders are searchable by name, institution, city, state, and year at the NCUA’s Administrative Orders webpage. The webpage also provides links to the enforcement actions of federal banking agencies against other institutions or their affiliated parties.
You may view NCUA enforcement orders online or inspect them at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Eastern, Monday through Friday. You also may order copies by mail from NCUA at 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 account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.