New NCUA Prohibition Orders

Published September 30, 2013, 8:44 p.m. EDT

Updated August 26, 2020, 10:08 p.m. EDT

1 Min Read

ALEXANDRIA, Va. NCUA has banned two former credit union employees from working at any federally insured financial institution:

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Mary Jane Arroyo, a former employee of Monterey County Employees Credit Union in Salinas, Calif., pleaded no contest to the charge of embezzlement. Arroyo was sentenced to 90 days in prison, three years of probation, and ordered to pay restitution and court costs.

Cynthia Mercer, a former employee of Hamlet Federal Credit Union in Hamlet, N.C., pleaded guilty to the charge of embezzlement. Mercer was sentenced to one year in prison, five years supervised release and ordered to pay $169,261.79 in restitution.

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