ALEXANDRIA, Va. –NCUA has issued two prohibition orders to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.
Banned from credit unions are:
- James Nathan Sheppard, a former employee of Virginia State University Federal Credit Union in South Chesterfield, Va., who pleaded guilty to the charges of bank fraud and aggravated identity theft. Sheppard was sentenced to more than three years in prison, five years’ supervised release and was ordered to pay $125,805.22 in restitution.
- Desire Valverde, a former employee of Education Credit Union in Amarillo, Texas, who pleaded guilty to the charges of robbery, and aiding and abetting. Valverde was sentenced to more than eight years in prison, two years’ supervised release and was ordered to pay $53,519.50 in restitution.