NCUA official seal NCUA official seal. (Source: NCUA)

Stephanie Simontacchi, a former senior accountant and accounting manager for the $7.5 billion Redwood Credit Union, and Carolin Lopez, a former employee at the $8.7 million 1st Bergen Federal Credit Union in Hackensack, N.J., were banned from ever participating in the affairs of any federally insured financial institution, the NCUA announced Thursday.

Simontacchi stole $437,162 from the Santa Rosa, Calif.-based financial cooperative from April 2016 to April 2019.

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