NCUA Bars Four More
The NCUA said Thursday that it issued prohibition orders in October barring four individuals from working in or being affiliated with credit unions and other federally insured financial institutions. The prohibition orders concern the following:
- Monica Guzman, a former employee of the $3.6 billion Mountain America Federal Credit Union in West Jordan, Utah, pleaded guilty to the charges of second-degree felony theft. Guzman was sentenced to one year in prison, three years of probation and ordered to pay restitution.
- Travis Jenkins, another former Mountain America employee, pleaded guilty to charges of wrongful appropriation, a Class A misdemeanor. Jenkins was sentenced to one year in prison and ordered to pay restitution in the amount of $27,251.90.
- Michael Swanka, a former manager of the $44 million Remington Federal Credit Union in Richfield Springs, N.Y., pleaded guilty to the charge of fourth-degree grand larceny. Swanka was sentenced to a three-year conditional discharge and ordered to pay restitution in the amount of $12,258.
- Carla Welborn, a former employee of the $7.4 million Credit Union of Leavenworth County in Lansing, Kan., pleaded guilty to the charge of embezzlement, a Class B felony. Between Jan. 2009 and Jan. 2012, Welborn targeted the accounts of 23 members who were ill, near death or lived out of town. She was sentenced to 21 months in prison, five years of supervised release and restitution in the amount of $329,702.55.
Judgments against the four individuals bring to 53 the number prohibitions NCUA has filed through the month of October, the agency said.