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NCUA Issues Prohibition Orders

July 19, 2010, Alexandria, Va.,– The National Credit Union Administration Board has issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.
Tiffany D. Churchill, a former employee of Maine Family Federal Credit Union, Lewiston, Maine, was convicted of theft. Churchill was sentenced to 18 months imprisonment, all but 30 days suspended; with 3 years of supervised release, and ordered to pay $15,352 in restitution.
Nathan Douglas Cranney, a former employee of Deseret First Federal Credit Union, Salt Lake City, Utah, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation.
Lisa Zimmerman Dodson, a former employee of Cooperative Teachers Credit Union, Tyler, Texas, was convicted of theft. Dodson was sentenced to 5 years of supervised release, 160 hours of community service and ordered to pay $69,655 in restitution.
Richard Koenig, a former employee of Prime Financial Credit Union, Cudahy, Wisconsin, without admitting or denying fault, signed an order of prohibition to avoid the time and cost of administrative litigation.
NCUA enforcement orders are online at
http://www.ncua.gov/Resources/AdministrativeOrders/Orders2010.aspx, and may be inspected at NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Monday through Friday. Copies may be ordered by mail from NCUA, 1775 Duke St., Alexandria, Va. 22314-3428.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
www.ncua.gov
For Details Contact
Public & Congressional Affairs Email: pacamail@ncua.gov
Phone (703) 518-6330
Fax (703) 518-6409
The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the savings of 90 million account holders in all federal credit unions and the majority of state-chartered credit unions.

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