The NCUA issued one consent order and two prohibition notices in June, permanently prohibiting the individual previously associated with credit unions from any future participation in the affairs of a federally insured depository 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 notice follow:
- Tracy Mikulencak, a former employee of A+ Federal Credit Union (Austin, Texas) 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;
- Phillip Brian Topping, a former employee of New Pilgrim Federal Credit Union (Birmingham, Ala.) was convicted in United States District Court, Northern District of Alabama, on one count of theft and embezzlement in connection with his employment at the credit union; and
- Javier DeJesus Narciso, a former employee of Merced School Employees Federal Credit Union (Merced, Calif.) was convicted in California Superior Court, Merced County, on one count of grand theft and embezzlement in connection with his employer at the credit union.