NCUA suspended two former credit score union staff in October | Credit score Union Journal

The Nationwide Credit score Union Administration has barred two former credit score union staff from collaborating in any of the dealings of a federally insured monetary establishment.

Suzanne Nowicki, who was previously employed by the $75 million-asset Westport Federal Credit score Union in Westport, Massachusetts, is forbidden from collaborating in any and all affairs of an insured depository establishment, the NCUA mentioned Friday. Nowicki, whereas employed as an accounting supervisor at WFCU, allegedly misappropriated funds belonging to the credit score union by depositing them into her private share account and altering the establishment’s ledger, in accordance with agency filings.

She has agreed and consented to the issuance of a prohibition order and confirmed her compliance with the phrases and circumstances supplied by the NCUA, the company acknowledged in its press launch.

As well as, one different particular person was sentenced for fees introduced in opposition to them and thus acquired a discover of prohibition.

Sheena Nicole Morgan, a former worker of the $927 million-asset Level Breeze Credit score Union in Hunt Valley, Maryland, was convicted and sentenced for fees of felony theft linked along with her former employment at Level Breeze.

With these two prohibitions, the NCUA’s complete issuances now stand at 22 for the yr.

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