ALEXANDRIA, Va. — NCUA issued an order of prohibition against Crystal Bottomley, banning her from further participation in the affairs of any federally insured financial institution.

Bottomley, former employee of NATCO Credit Union in Richmond, Ind., pleaded guilty to embezzlement and misapplication of credit union funds. She was sentenced to three months in jail, five years of supervised release, and ordered to pay $32,582 in restitution to Chubb & Sons, Inc., and $1,000 in restitution to NATCO Credit Union.

Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Regulatory & Compliance