NCUA issues prohibition notice
ALEXANDRIA, VA (September 30, 2020) — The National Credit Union Administration issued one prohibition notice in September. This individual is prohibited from participating in the affairs of any federally insured financial institution.
- Brooke Shaeffer, a former employee of Member’s 1st Federal Credit Union in Mechanicsburg, Pennsylvania, was sentenced on the charge of theft in connection with her employment.
Prohibition and administrative orders are searchable by name, institution, city, state, and year at the NCUA’s Administrative Orders webpage. The webpage also provides links to the federal enforcement actions of federal banking agencies against other institutions or their affiliated parties.
You may view NCUA enforcement orders online or inspect them at the NCUA’s Office of General Counsel between 9 a.m. and 4 p.m. Eastern, Monday through Friday. You also may order copies by mail from the NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 118 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.