NCUA issues 2 prohibition orders in November

by NAFCU Newsroom

The NCUA in November issued two prohibition orders prohibiting individuals previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Details from last month’s prohibition orders follow:

  • Hector Andres Aleman, a former employee of Pima Federal Credit Union in Tucson, Ariz., agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board’s claim against him.
  • Elizabeth Ann Oliver, a former employee of Lancaster Red Rose Credit Union in Leola, Pa., agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board’s claim against her.

 

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