The National Credit Union Administration (NCUA) has banned five individuals from ever working in any federally insured financial institution following their convictions of various crimes.
The five notices of prohibition were issued to:
- Samantha Rae Creeden, a former employee of Limestone Federal Credit Union, a $45 million institution based in Manistique, Mich. Creeden pled no contest to charges of embezzlement and larceny and was sentenced to 15 months in prison with 30 days to be served immediately and the remaining balance delayed or held in an account until the end of and 18-month probationary period. Creeden was also ordered to pay restitution in the amount of $9,399.
- Michael Howard, a former employee of Parks Heritage Federal Credit Union, a $28 million institution based in Glens Falls, N.Y., who pled guilty to charges of grand larceny and falsifying business records. Howard was sentenced to 30 days in prison, five years’ probation and ordered to pay restitution in the amount of $8,070.69. Howard was the credit union’s former CEO and reportedly used the stolen money to pay for personal expenses, including home improvement work, pest control work and clothing.
- Charles Robert Poore, a former employee of Toledo Metro Federal Credit Union, a $50 million institution based in Toledo, Ohio, who pled guilty to charges of theft and embezzlement. Poore was sentenced to two years in prison, five years’ supervised release and ordered to pay restitution in the amount of $251,438.08. Poore was the credit union’s former CEO and ran up significant personal charges on his corporate credit card.
- Elizabeth S. Smith, a former employee or institution-affiliated party of Louden Depot Community Credit Union of Fairfield, Iowa, who consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA board’s claims against her. (
Louden Depot Community CU was liquidated by NCUA in late 2014 .) - Susan Wooten-Robb, a former employee of CommunityAmerica Credit Union, a $2.4 billion institution based in Lenexa, Kan., who pled guilty to charges of wire fraud and embezzlement. Wooten-Robb received a prison sentence of time-served, three years’ supervised release and ordered to pay restitution in the amount of $34,035.
