ALEXANDRIA, Va. (Feb. 29, 2016) – The National Credit Union Administration has issued four notices of prohibition in February to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.
- Dorothy Stegall Barnes, a former employee of Pantex Federal Credit Union in Borger, Texas, pleaded guilty to the charge of embezzlement. Barnes was sentenced to 30 months in prison and five years’ supervised release. She was ordered to pay restitution in the amount of $797,336.47.
- Leticia Griffiths, a former employee of Tri-Cities Community Federal Credit Union in Kennewick, Washington, pleaded guilty to the charge of theft. Griffiths was sentenced to 60 days in prison, granted a work release, and ordered to pay restitution in the amount of $25,679.84.
- Derek Ray Miller, a former employee of Kansas State University Federal Credit Union in Manhattan, Kansas, pleaded guilty to the charge of theft. Miller was sentenced to seven months in prison before being granted parole. As part of his parole, Miller is required to serve 60 days in prison on weekends and will serve one year of probation.
- Kathryn Sue Simmerman, a former employee of Shoreline Federal Credit Union in Norton Shores, Michigan, pleaded guilty to the charges of embezzlement and structuring. Simmerman was sentenced to 78 months in prison and two years’ supervised release. She was ordered to pay restitution in the amount of $1,945,000.
Credit unions may search prohibition and administrative orders by name, institution, city, state and year at http://go.usa.gov/gFP5. The webpage also provides links to the enforcement actions of other federal banking regulators against other institutions or their affiliated parties.
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.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.