NCUA Issues Two Prohibition Notices in November

ALEXANDRIA, Va. (Nov. 30, 2020) – The National Credit Union Administration issued two prohibition notices in November. These individuals are prohibited from participating in the affairs of any federally insured financial institution.

• Jennifer Furlong, a former employee of Groton Municipal Employees Federal Credit Union in Groton, Connecticut, entered into a pretrial diversion or similar program resulting in the charge of third degree larceny in connection with her employment.
• Teresa Hyler, a former employee of Beacon Credit Union in Lynchburg, Virginia, was sentenced on a charge of embezzlement 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.