The NCUA today issued 11 orders prohibiting individuals from participating in the affairs of any federally insured financial institution.
Kaleigh Davis, a former employee of VyStar Credit Union in Jacksonville, Fla., pleaded guilty to the charge of defrauding a financial institution. Davis was sentenced to five days in prison, five years of supervised release and ordered to pay restitution of more than $8,000.
Gabriel Escandon, a former vice president of operations for White Sands Federal Credit Union in Las Cruces, N.M., and former CEO of Tip of Texas Federal Credit Union in El Paso, Texas, consented to the prohibition order to avoid the time, cost and expense of administrative litigation.
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