ALEXANDRIA, Va.– The National Credit Union Administration issued one consent order in February.
The individual is (below) is permanently prohibited from participating in the affairs of any federally insured depository institution, NCUA said.
- Kelly Jo Muzzana, a former employee of Altana Federal Credit Union in Billings, Mont.
The three most common orders issued by the NCUA include:
- An Order to Cease and Desist, which requires an institution or individual to take action (or refrain from taking action), including making restitution
- An Order of Prohibition, which prohibits an individual from ever working for a federally insured financial institution
- An Order Assessing Civil Money Penalties, which requires an institution or individual to pay an assessed penalty amount
Agency enforcement orders and notices are searchable by name, institution, city, state, and year on the NCUA’s Administrative Orders webpage.