NCUA Bans Two People From Credit Unions

ALEXANDRIA, Va.–The National Credit Union Administration has issued two notices of prohibition to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.

The two people are:

  • Taylor Lynnae Cole, a former employee of 1st Gateway Credit Union in Camanche, Iowa, who entered into a deferred judgment agreement on the charge of theft. Cole received three years’ probation and was ordered to pay restitution in the amount of $10,000.
  • Duane K. Jones, a former employee of Heritage USA Federal Credit Union in Midland, Texas, who pleaded guilty to willful failure to file a return, supply information or pay a tax. Jones received five years’ probation and was fined $3,000. 
Section: Standard
Word Count: 163
Copyright Holder: CUToday.info
Copyright Year: 2026
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URL: https://cuto.flux5.ccplatform.net/Fresh-Today/NCUA-Bans-Two-People-From-Credit-Unions