NCUA official seal. (Source: NCUA)
Two former employees who worked for credit unions in Virginia and Connecticut were banned from participating the affairs of any federally-insured financial institution, the NCUA said Monday.
Teresa Boulware Hyler, a former employee of the $227 million Beacon Credit Union in Lynchburg, Va., was sentenced to seven years in prison, which was suspended by a Danville Circuit Court judge in August, according to court records.
Recommended For You
Hyler was ordered to pay restitution of $7,820, court costs of $478, and two years of supervised release.
Jennifer Furlong, a former employee of the $6.9 million Groton Municipal Employees Federal Credit Union in Groton, Conn., entered a pretrial diversion program in May 2019, which is for first-time, non-violent offenders.
She had been facing a third-degree larceny that is charged against those who allegedly steal the value of property or service that exceeds $2,000, according to Connecticut's general statutes.
© 2025 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.
Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
