Source: https://www.ncua.gov/regulation-supervision/enforcement-actions/administrative-orders/2020/administrative-order-matter-frances-mccomas
Timestamp: 2020-07-13 12:10:02
Document Index: 550372219

Matched Legal Cases: ['§ 657', '§ 657', '§ 1785', '§ 1829', '§ 1786', '§ 1785', '§ 1829']

Administrative Order: In the Matter of Frances McComas | National Credit Union Administration
Administrative Order: In the Matter of Frances McComas
20-0131-ER
WHEREAS on or about January 24, 2020, Frances McComas (“McComas”) was sentenced on the charge of Embezzlement, 18 U.S.C. § 657, a charge to which she plead guilty, in the United States District Court for the Southern District of West Virginia, in connection with her employment at West Virginia Federal Credit Union;
WHEREAS a violation of 18 U.S.C. § 657 is a criminal offense involving dishonesty and breach of trust;
Pursuant to 12 U.S.C. § 1785(d)(1)(A) and 12 U.S.C. § 1829(a)(1)(A), McComas is prohibited from becoming an “institution affiliated party” of any insured depository institution, as defined in 12 U.S.C. § 1786(r); otherwise participating, directly or indirectly, in the conduct of the affairs of any insured depository institution; and owning or controlling, directly or indirectly, any insured depository institution;
Pursuant to 12 U.S.C. § 1785(d)(1)(B) and 12 U.S.C. § 1829(a)(1)(B), no insured depository institution may permit McComas to engage in any conduct or continue in any relationship prohibited in paragraph 1 above;
The “Amended Judgment in a Criminal Case” document, Case No. 3:19-00188, is made a part hereof and is incorporated herein by reference; and
ISSUED this 6th day of May, 2020.