Three People Banned from Credit Unions

ALEXANDRIA, Va.– NCUA has issued three notices of prohibition.

Now prohibited from participating in the affairs of any federally insured financial institution are:

  • Elizabeth Nelson Cobb, a former employee of Space Coast Credit Union in Melbourne, Fla., who pleaded guilty to the charges of theft, fraud, and communication fraud. Cobb was sentenced to 180 days in prison.  
  • Linda C. Germann, a former employee of Altra Federal Credit Union in Onalaska, Wis., who pleaded guilty to the charge of bank theft. Germann received three years’ probation.
  • Norma Gold, a former employee of Olean Tile Employees FCU in Olean, N.Y., who pleaded guilty to the change of false entries in federal credit union reports. Gold was sentenced to 30 months in prison, three years’ supervised release and was ordered to pay $179,939.21 in restitution.
Section: Standard
Word Count: 169
Copyright Holder: CUToday.info
Copyright Year: 2026
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URL: https://cuto-admin.flux5.ccplatform.net/Fresh-Today/Three-People-Banned-from-Credit-Unions