ALEXANDRIA, Va.–NCUA has issued one prohibition order for January, prohibiting the individual from participating in the affairs of any federally insured depository institution.
Issued was Catalina Noyes, a former employee of Loudoun Credit Union, Leesburg, Va., who agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA board’s claim against her.
NCUA noted it issues administrative orders when it finds that a credit union or persons affiliated with a credit union have violated a law, rule or regulation, breached a fiduciary duty, or engaged in an unsafe or unsound practice.
The agency added it also issues Notices of Prohibition, which is notification that a person has been convicted of a criminal offense involving dishonesty or breach of trust and is barred from working for a federally insured depository institution by operation of law.
Agency enforcement orders and notices are searchable by name, institution, city, state, and year at the NCUA’s Administrative Orders webpage. The webpage also provides links to the federal enforcement actions of federal banking agencies against other institutions or their affiliated parties.