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NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution

April 2023
NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution

ALEXANDRIA, Va. (April 28, 2023) – The National Credit Union Administration issued three prohibition notices in April 2023. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution.

  • Randi Marie Fisher, a former employee of Vantage Trust Federal Credit Union, Wilkes Barre, Pennsylvania
  • Shelton Jordan, Sr., a former Supervisory Committee Chairman of Portsmouth Schools Federal Credit Union, Portsmouth, Virginia
  • Tara Kewalis, a former President and CEO of Skyline Financial Federal Credit Union, Waterbury, Connecticut

An Order of Prohibition prohibits a party from ever working for a federally insured depository institution in the United States.

In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union — have violated a law, rule, or regulation; breached a fiduciary duty; or engaged in an unsafe or unsound practice.

The three most common orders issued by the NCUA include:

  • An Order to Cease and Desist, which requires a party to take action (or refrain from taking action), including making restitution;
  • An Order of Prohibition, which prohibits a party from ever working for a federally insured depository institution; and
  • An Order Assessing Civil Money Penalties.

Agency enforcement orders and notices are searchable by name, institution, city, state, and year on 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.

The public may view NCUA enforcement orders online or the public may order copies by mail from the NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.

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