ALEXANDRIA, Va.– NCUA has issued four consent orders banning the individuals permanently from participating in the affairs of any federally insured depository institution.
Issued the prohibition orders were:
- Arneta Davis, a former employee of Dow Great Western Credit Union in Antioch, Calif., who has 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.
- Eric Stash, a former branch manager of San Juan Credit Union in Blanding, Utah, 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 him.
- Britnee Maree Starling, a former employee of AltaOne Federal Credit Union in Ridgecrest, Calif., 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.
- Tina L. Torres, the former CEO of Valley Agricultural Federal Credit Union in Santa Paula, Calif., who greed 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.
As CUToday.info reported here, in April Torres, the former manager of Limoneira FCU, was sentenced to a year in prison after she was found guilty of using the credit union’s funds to pay her own personal bills and approved fraudulent wire transfers totaling nearly $250,000. Torres, 55, received a suspended sentence of six years and eight months in state prison. She will also be placed on felony probation for two years and her suspended sentence would be reinstituted if she violates the terms of her probation, according to the Ventura County District Attorney’s Office.
An Order of Prohibition prohibits a party from ever working for a federally insured depository institution.