ALEXANDRIA, Va. (5/1/14)--Former Pampa (Texas) Teachers FCU loan officer Erin Trevathan is one of five individuals prohibited from future financial institution work under National Credit Union Administration prohibition orders released Wednesday.
Trevathan, who pleaded guilty to fraud charges, was the only loan officer at the $11 million-asset credit union between mid-2008 and 2010, and used funds she allegedly stole for personal use, The Associated Press reported in 2013. The Pampa News said that year that Trevathan allegedly funded false loans with funds from other credit union member accounts and made false entries into financial statements and credit union records to cover her tracks.
She has been ordered to pay $442,973.91 in restitution. Trevathan will also serve three years of prison and five years of supervised release.
Also subject to NCUA prohibition orders are:
The NCUA reminds that violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million.
Use the resource link to access all NCUA enforcement orders.