Theft results in merger and, ultimately, lifetime NCUA ban for Texas woman
The regulator this week unveiled its 2025 budget, slammed Vystar Credit Union and banned four credit union workers for life.
It’s been a busy week for the National Credit Union Administration.
Among other actions, the regulator this week banned four former credit union employees from working at any federally insured institution.
One of those was Gloria Hall, a former manager of Prairie View Federal Credit Union in Prairie View, Texas.
According to the NCUA, Hall pled guilty to embezzlement after stealing more than $211,000 over a period of two years. Hall said she used the money to pay her bills, including “fraudulently obtained” loans.
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