The National Credit Union Administration issued one consent-based order of prohibition and two notices of prohibition in July 2025, permanently prohibiting three individuals from participating in the affairs of any federally insured depository institution. The prohibition notices cover Raul Villareal, a former employee of MERCO Credit Union in Merced, California, who entered a conditional plea of guilty to one count of attempted grand theft by embezzlement, and Ana Alicea, a former employee of Greater Alliance Federal Credit Union in Paramus, New Jersey, who entered a pretrial diversion program for a charge of theft of movable property by unlawful taking valued between USD 500 and USD 74,999. The order of prohibition applies to Brian Socha, a former employee of MassMutual Federal Credit Union in Springfield, Massachusetts, who agreed and consented to the prohibition order to settle and resolve the NCUA Board’s claim against him.
National Credit Union Administration 2025-07-31
National Credit Union Administration issues prohibition order and notices permanently barring three former credit union employees from federally insured institutions
In July 2025, the National Credit Union Administration issued one consent-based order and two notices of prohibition, barring three individuals from participating in any federally insured depository institution. Raul Villareal and Ana Alicea, former employees of MERCO Credit Union and Greater Alliance Federal Credit Union, faced theft charges. Brian Socha, a former MassMutual Federal Credit Union employee, consented to the prohibition order to settle claims.