The National Credit Union Administration issued two conviction-based Orders of Prohibition in March 2026, permanently barring two former credit union employees from participating in the affairs of any federally insured depository institution. Daniel Johnson, formerly of Richmond City Employees Federal Credit Union in Richmond City, Indiana, was convicted and sentenced in the United States District Court for the Southern District of Indiana on two counts of bank fraud under 18 U.S.C. ยง 1344(1). Jacqueline Burns, formerly of Galveston Government Employees Credit Union in La Marque, Texas, was convicted and sentenced in the 10th District Court of Galveston County, Texas for theft of property between USD 150,000 and USD 300,000 under Texas Penal Code 31.03(k). The NCUA also noted that its administrative orders are legally enforceable actions issued pursuant to Section 206 of the Federal Credit Union Act and that enforcement orders and notices are searchable on its Administrative Orders webpage.
National Credit Union Administration 2026-03-31
National Credit Union Administration issues two conviction-based lifetime prohibition orders against former credit union employees
The National Credit Union Administration issued two conviction-based Orders of Prohibition in March 2026, permanently barring two former credit union employees from participating in the affairs of any federally insured depository institution. Daniel Johnson was convicted of bank fraud in the U.S. District Court for the Southern District of Indiana, and Jacqueline Burns was convicted of theft of property between USD 150,000 and USD 300,000 in the 10th District Court of Galveston County, Texas.