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The NCUA announces new orders.

The NCUA Thursday banned Linda S. Pelham, the apparent founding president/CEO of the $35.5 million Everglades Federal Credit Union, for “improper conduct,” which led to financial damage of the Clewiston, Fla.-based cooperative.

Pelham’s online professional profile shows she served as president/CEO of Everglades FCU from 1980 to 2013. However, the credit union was not chartered until 1985, and she left the Everglades FCU at the end of the fourth quarter in 2012, according to NCUA records.

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Peter Strozniak

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