ALEXANDRIA, Va. (May 31, 2017) – The National Credit Union Administration in May issued four notices of prohibition to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.
- Michael A. LaJoice, a former employee of Clarkston Brandon Community Credit Union in Clarkston, Michigan, pleaded guilty the charge of bank fraud. LaJoice was sentenced to 11 years in prison, three years’ supervised release and was ordered to pay more than $17.7 million in restitution.
- Brittney Merisier, also known as Brittney Estimable, a former employee or institution-affiliated party of Space Coast Credit Union in Melbourne, Florida, consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against her.
- Sara Jo Morrison, a former employee of Black Hills Federal Credit Union in Rapid City, South Dakota, pleaded guilty to the charge of credit union embezzlement. Morrison was sentenced to one month in prison, two years’ supervised release and was ordered to pay $5,400 in restitution.
- Nicole A. Wombacher, a former employee of Your Choice Federal Credit Union in Altoona, Pennsylvania, pleaded guilty to the charges of theft and receiving stolen property. Wombacher entered into an accelerated rehabilitative disposition program and was sentenced to one year in prison, and was ordered to pay $10,802 in restitution.
Prohibition and administrative orders are searchable by name, institution, city, state and year at NCUA’s Administrative Orders webpage. The webpage also provides links to the enforcement actions of federal banking agencies against other institutions or their affiliated parties.
You may view NCUA enforcement orders online or inspect them at 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 NCUA at 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.