NCUA Continues Crackdown On HMDAScofflaws

November 01, 2005, 1:00 a.m. EST 1 Min Read

ALEXANDRIA, Va. - (11/01/05) -- NCUA announced Monday it finedArrowhead Central CU $22,500 for filing late Home MortgageDisclosure Act reports, the latest in its effort to crack down onlate consumer filings. The San Bernardino, Calif., credit union wasthe 18th to be fined by NCUA over the past month for late HMDAfilings and the fine was the largest of the bunch. NCUA also saidMonday it banned the following individuals from the credit unionindustry: Faith Ann Quarterman, former president of LittleHaiti-Edison FCU, Miami; Floyd Minus, former branch manager atIntrust FCU, Chattanooga, Tenn.; and Nancy Noland, former teller atUnited Labor CU, Kansas City.

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