Administrative Order: In the Matter of Frances McComas

20-0131-ER
Administrative Order: In the Matter of Frances McComas
First Name
Frances
Last Name
McComas
Relationship
Former Employee
Institution
West Virginia Federal Credit Union
City
South Charleston
State
West Virginia
Year
2020
Docket Number
20-0131-ER

NOTICE OF PROHIBITION

WHEREAS on or about January 24, 2020, Frances McComas (“McComas”) was sentenced on the charge of Embezzlement, 18 U.S.C. § 657, a charge to which she plead guilty, in the United States District Court for the Southern District of West Virginia, in connection with her employment at West Virginia Federal Credit Union;

WHEREAS a violation of 18 U.S.C. § 657 is a criminal offense involving dishonesty and breach of trust;

NOW, THEREFORE, YOU ARE HEREBY NOTIFIED THAT:

  1. Pursuant to 12 U.S.C. § 1785(d)(1)(A) and 12 U.S.C. § 1829(a)(1)(A), McComas is prohibited from becoming an “institution affiliated party” of any insured depository institution, as defined in 12 U.S.C. § 1786(r); otherwise participating, directly or indirectly, in the conduct of the affairs of any insured depository institution; and owning or controlling, directly or indirectly, any insured depository institution;
  2. Pursuant to 12 U.S.C. § 1785(d)(1)(B) and 12 U.S.C. § 1829(a)(1)(B), no insured depository institution may permit McComas to engage in any conduct or continue in any relationship prohibited in paragraph 1 above;
  3. Pursuant to 12 U.S.C. § 1785(d)(3) and 12 U.S.C. § 1829(b), whoever knowingly violates paragraph 1 or 2 above is subject to a fine of not more than $1 million for each day such prohibition is violated, or imprisonment for not more than five (5) years, or both;
  4. The “Amended Judgment in a Criminal Case” document, Case No. 3:19-00188, is made a part hereof and is incorporated herein by reference; and

ISSUED this 6th day of May, 2020.

NATIONAL CREDIT UNION ADMINISTRATION BOARD

/S/


Rob F. Robine
Trial Attorney
NCUA Office of General Counsel

Last modified on
05/28/20