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NCUA Issues Prohibition Notice

August 2020
NCUA Issues Prohibition Notice

ALEXANDRIA, Va. (Aug. 31, 2020) – The National Credit Union Administration issued one prohibition notice in August. This individual is prohibited from participating in the affairs of any federally insured financial institution.

  • Bethann Kraenzlein, a former employee of Northland Area Federal Credit Union, was sentenced on a charge of embezzlement.

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.

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