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 http://go.usa.gov/gFP5 (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.