Nine CU Employees Banned
Of the nine prohibition orders issued last month by the NCUA, three were former employees of the $65 million Valley Credit Union in Tuscumbia, Ala.
Beth Ann Ledbetter, a former branch manager, was sentenced to two years of probation, six months of home detention and ordered to pay the U.S. a special assessment of $100 for bank larceny at Valley Credit Union.
Stacey Mathes, a former loan officer, and Tonya Payne, a former accounting clerk, pleaded guilty to a bank larceny charge and both individuals must serve the same sentence as Ledbetter.
Trina Mercier and Rita Ouellette, former employees of the $87 million Central Federal Credit Union in Lewiston, Maine, consented to the issuance of the orders to avoid the cost of administrative litigation, according to the NCUA.
Brenda Page, a former employee of the $1.6 million Northern Energy Federal Credit Union in Mankato, Minn., and Jolina Sanchez, a former employee of Azusa City Employees Federal Credit Union in Azusa, Calif., consented to the prohibition orders as well.
Angie Rapper, former employee of $7.7 million Bayer Credit Union in Kansas City, Mo., pleaded guilty to the theft of credit union funds and must serve 21 months in prison and five years of supervised release. Rapper is also required to pay restitution in the amount of $144,405.80.
Anne Schaal, former president/CEO of the $2 million Aurora Firefighter Credit Union in Aurora, Ill., was convicted of stealing more than $10,000 but less than $100,000. She must serve a sentence of three-year probation and five months of electronic home monitoring.
Violating a prohibition order is considered a felony offense, which could result in a prison sentence and a fine of up to $1 million.