The National Credit Union Administration issued one prohibition notice for January 2025, permanently prohibiting Shana M. Ware, a former employee of Genisys Credit Union in Auburn Hills, Michigan, from participating in the affairs of any federally insured depository institution. The agency explained that an Order of Prohibition bars an individual from ever working for a federally insured depository institution and noted it may also issue other legally enforceable administrative orders under Section 206 of the Federal Credit Union Act, including cease-and-desist orders and civil money penalty assessments.
National Credit Union Administration 2025-01-31
National Credit Union Administration permanently bars former Genisys Credit Union employee from working at federally insured depository institutions
The National Credit Union Administration issued a prohibition notice for January 2025, permanently barring Shana M. Ware, a former Genisys Credit Union employee, from participating in any federally insured depository institution. The Order of Prohibition prevents employment in such institutions and may be accompanied by other administrative orders under Section 206 of the Federal Credit Union Act.