ALEXANDRIA, Va. (Dec. 31, 2018) – The National Credit Union Administration issued one prohibition order and one prohibition notice in December. These individuals are prohibited from participating in the affairs of any federally insured financial institution.
- Soundra M. Lopez, a former employee of County & Municipal Employees Credit Union in Edinburg, Texas, 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.
- Latrese Williams, a former employee of Northwest Baptist Federal Credit Union in Seattle, Washington, pleaded guilty to the charge of theft. Williams was sentenced to four months in prison, three years’ supervised release, and was ordered to pay $460,485.65 in restitution.
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.