# UNITED STATES OF AMERICA

**NATIONAL CREDIT UNION ADMINISTRATION**

**NATIONAL CREDIT UNION ADMINISTRATION BOARD**

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**IN THE MATTER OF )**

> **)**

**James Raymond Allenson ) Docket No. 06 -- 1202 - II**

**Former ATM Technician )**

**Central Virginia FCU )**

**Lynchburg, Virginia )**

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## ORDER OF PROHIBITION

Pursuant to Section 206(i)(1)(C) of the Federal Credit Union Act, 12
U.S.C. § 1786 (i)(1)(C), you are hereby notified that you are prohibited
from participating in any manner in the affairs of any federally insured
credit union. This prohibition is effective immediately upon service. In
accordance with Section 206(g)(7)(A) of the Federal Credit Union Act, 12
U.S.C. § 1786(g)(7)(A), this Order shall constitute a prohibition from
further participation in any manner in the affairs of any federally
insured financial institution, or other entity identified therein,
without the written permission of the appropriate federal regulatory
agency. This Order has been issued based upon the following information:

On May 12, 2006, you were convicted for the offense of grand larceny
under Virginia Code §§18.2-95. In connection with your conviction, you
were sentenced to serve 2 years in prison, all of which was suspended,
and 12 months of supervised probation.

Your conviction for grand larceny resulted from dishonest acts
perpetrated by you against the Central Virginia Federal Credit Union.
Due to the circumstances and nature of the offense to which you pled
guilty, your continued participation in the affairs of any federally
insured credit union may pose a threat to the interests of credit union
members and threaten to impair public confidence in the credit union
involved.

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## NOTICE OF HEARING

Pursuant to Section 206(i) (3), of the Federal Credit Union Act, 12
U.S.C.

§ 1786 (i)(3), you may request in writing, within thirty days of service
of this Order, an opportunity for a hearing at which you may present
evidence and argument that your continued participation in the affairs
of any federally insured credit union would not, or would not be likely
to, pose a threat to the interests of that credit union's members or
threaten to impair public confidence in the credit union. Pursuant to 12
C.F.R. § 747.306, your request must state with particularity the relief
desired, the grounds, and must include supporting evidence.

Any such request should be sent to: Secretary of the Board, National
Credit Union Administration, 1775 Duke Street, Alexandria, Virginia
22314-3428, with a copy sent to Associate General Counsel Allan Meltzer
at the same address. This hearing will be held in the Washington, D.C.
metropolitan area, or such other place as designated by the Board, in
accordance with Subpart D of Part 747 of the National Credit Union
Administration's Rules and Regulations, 12 C.F.R. § 747.301 *et seq.*

Should you request a hearing it will commence 30 days after receipt of
your request. The procedure to be followed is contained in 12 C.F.R §
747.307. You may appear at the hearing personally, through counsel, or
personally with counsel. The proceedings will be recorded and you will
be entitled to a transcript after payment of the costs thereof.
Witnesses may be called at the discretion of the NCUA Board. If
witnesses are permitted, both parties will have the ability to
cross-examine those witnesses. The Presiding Officer of the hearing will
make his or her recommendations to the NCUA Board, where possible,
within ten business days following the close of the record.

# [PENALTY FOR VIOLATION OF ORDER OF PROHIBITION]{.underline}

Pursuant to Section 206(k)(2) of the Federal Credit Union Act, 12 U.S.C.
§ 1786(k)(2), any violation of this Order may subject you to a civil
money penalty. In addition, pursuant to Section 206(I) of the Federal
Credit Union Act, 12 U.S.C. § 1786(I), any violation of this Order is a
felony offense that is punishable by imprisonment of up to five years
and a fine of up to \$1,000,000.

### National Credit Union Administration

By
\_\_\_\_\_\_\_\_\_\_\_[/s/]{.underline}\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
Date \_\_\_[12/19/2006]{.underline}\_\_\_\_\_\_\_\_

Edward Dupcak, Regional Director

National Credit Union Administration