NCUA banned six individuals from being involved in the running of a federally insured financial services institution.
One banned individual, Lindsey Austin, is a former employee of Texas Dow Employees Credit Union in Lake Jackson, Tex., was sentenced to 22 years after pleading guilty to aggravated theft.
Another, James Timothy Charles, was sentenced to 30 months in prison and a $5,000 fine for conspiracy to launder money. He used to work at the Service Plus Credit Union in Moline, Ill.
There is also Robert Emerick, a former chief executive at County Schools Federal Credit Union in Ventura, Calif., who agreed to NCUA's prohibition order as a settlement.
NCUA maintains a
