Administrative Order: In the Matter of Robert P. Shorkey

NOTICE OF PROHIBITION

WHEREAS on March 18, 2022, Robert P. Shorkey (“Shorkey”) was sentenced in United States District Court, Eastern District of Michigan, Case No. 2:21-CR-20579, on Count One of, Financial Institution Fraud, pursuant to 18 U.S.C. § 1344, in connection with his employment at DFCU Financial, a Michigan state-chartered credit union.

WHEREAS the Court sentenced Shorkey to a total of six months imprisonment (four months in custody, with two months of home confinement), 18 months supervised release, and $135,200 in restitution.

WHEREAS a violation of 18 U.S.C. § 1344 is a criminal offense involving dishonesty and breach of trust.

NOW, THEREFORE, YOU ARE HEREBY NOTIFIED THAT:

1. Pursuant to 12 U.S.C. § 1785(d)(1)(A) and 12 U.S.C. § 1829(a)(1)(A), Shorkey is prohibited from becoming an “institution affiliated party” of any insured depository institution, as defined in 12 U.S.C. § 1786(r); otherwise participating, directly or indirectly, in the conduct of the affairs of any insured depository institution; and owning or controlling, directly or indirectly, any insured depository institution.
2. Pursuant to 12 U.S.C. § 1785(d)(1)(B) and 12 U.S.C. § 1829(a)(1)(B), no insured depository institution may permit Shorkey to engage in any conduct or continue in any relationship prohibited in paragraph 1 above.
3. Pursuant to 12 U.S.C. § 1785(d)(3) and 12 U.S.C. § 1829(b), whoever knowingly violates paragraph 1 or 2 above is subject to a fine of not more than $1 million for each day such prohibition is violated, or imprisonment for not more than five (5) years, or both.
4. The Judgment in the Criminal Case in United States of America v Robert P. Shorkey, Case No. 2:21-CR-20579, is made a part hereof and incorporated by reference.

ISSUED this 15^th day of December, 2022.

NATIONAL CREDIT UNION ADMINISTRATION