ALEXANDRIA, Va. (Sept. 30, 2015) – The National Credit Union Administration has issued three orders in September prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
- Terri Jean Groff, a former employee or institution-affiliated party of Money One Federal Credit Union in Largo, Maryland, consented to the issuance of a prohibition order to avoid the time and expense of administrative litigation.
- Claudia Rawes, a former employee of Centra Health Credit Union Inc., in Lynchburg, Virginia, pleaded guilty to the charge of embezzlement. Rawes was sentenced to 78 months in prison and five-years supervised release. She also was ordered to pay restitution in the amount of $1.97 million.
- Lora Lynn Webb, a former employee of Cape Regional Credit Union in Cape Girardeau, Missouri, pleaded guilty to the charge of embezzlement. Webb was sentenced to five months in prison and one-year supervised release.
NCUA enforcement orders are available online and for inspection at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. You also may order copies by mail from NCUA, 1775 Duke St., Alexandria, VA 22314-3428.
Credit unions may search prohibition and administrative orders by name, institution, city, state and year at (opens new window). The webpage also provides links to the enforcement actions of other federal banking regulators against other institutions or their affiliated parties.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.