ALEXANDRIA, Va.—NCUA issued three prohibition notices in April.
The three individuals who are prohibited from participating in the affairs of any federally insured financial institution include:
- Phillip H. Darley, II, a former board member of the Panhandle Cooperative Federal Credit Union in Scottsbluff, Neb., who agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA Board’s claims against him.
- Suzanne Joy Renfroe, a former employee of Powerco Federal Credit Union in Atlanta, who pleaded guilty to a charge of embezzlement. Renfroe was sentenced to 24 months in prison, two years’ supervised release, and was ordered to pay a $100 fine and $279,403.21 in restitution.
- Julie Ann Turk, a former employee of Allentown Federal Credit Union in Allentown, Penn., who pleaded guilty to charges of bank fraud, embezzlement and money laundering. Turk was sentenced to 30 months in prison, five years’ supervised release, and was ordered to pay a $500 fine and $641,637 in restitution.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.