Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
NCUA issues prohibition orders
The National Credit Union Administration has reported it issued two prohibition orders in November to individuals who are now banned from participation in the affairs of any federally insured financial institution:
- Hector Andres Aleman, formerly employed by Pima Federal Credit Union in Tucson, Arizona
- Elizabeth Ann Oliver, formerly employed by Lancaster Red Rose Credit Union in Leola, Pennsylvania
The Credit Union Times yesterday reported that Aleman, who worked for Pima FCU as a teller, obtained loans at the credit union in the name of two member victims without their knowledge, keeping the proceeds for himself; stole funds from members' savings, money market and IRA accounts, and falsified probate documents to divert a deceased member's estate assets to himself. Aleman pleaded guilty to one count of attempted fraudulent scheme, and was sentence to 28 months in prison, and ordered to pay restitution totaling $181,415.
According to the Times article, Oliver was employed by Lancaster Red Rose CU as a loan officer. She had been sentenced to probation after pleading guilty last year to theft by deception, identity theft, and tampering with records. She had taken a cash advance of over $14,000 on a fraudulent credit card account in the name of a couple's one-year-old son, and three years later, created a fraudulent car loan for over $26,000 using the wife as the borrower.