NOTICE OF PROHIBITION
WHEREAS on or about April 1, 2021, Sheena Nicole Morgan (“Morgan”) was sentenced on the charges of: Felony Theft under the Maryland Criminal Code (Md. Code, Crim. Law §7-104) in the Circuit Court for Baltimore County Maryland, in connection with her employment at Point Breeze Credit Union.
WHEREAS felony theft under §7-104 is a criminal offense involving dishonesty and breach of trust;
NOW, THEREFORE, YOU ARE HEREBY NOTIFIED THAT:
- Pursuant to 12 U.S.C. § 1785(d)(1)(A) and 12 U.S.C. § 1829(a)(1)(A), Morgan 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;
- 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 Morgan to engage in any conduct or continue in any relationship prohibited in paragraph 1 above;
- 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;
- The “Judgment in a Criminal Case” State of Maryland v. Sheena Nicole Morgan, Case No. C03CR1900014, Judgment No. C03JG21001159 (April 1, 2021) is made a part hereof and is incorporated by reference.
ISSUED this 30th day of September, 2021.
NATIONAL CREDIT UNION ADMINISTRATION