NCUA barred two people in June, issued one cease-and-desist

The National Credit Union Administration expelled two former credit union employees, forbidding them from engaging in the affairs of any federally ...

July 6, 2022
9:46 AM

The National Credit Union Administration expelled two former credit union employees, forbidding them from engaging in the affairs of any federally insured institution, in June.Carolin Lopez, who was formerly employed by the $8.7 million-asset 1st Bergen Federal Credit Union in Hackensack, New Jersey, can no longer participate in any and all business dealings of an insured depository institution, the NCUA said Thursday. During her tenure with the credit union, Lopez allegedly misappropriated roughly $32,130 in member funds by depositing false checks to her own account and using coworkers' credentials to waive applicable fees, according to NCUA filings.

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