NCUA bars two former credit union employees from federally insured banking roles

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NCUA bars former credit union staff

Highlights

NCUA issued two prohibition orders in October 2026 barring former credit union employees in Texas and Illinois from federally insured banking roles.
Haley Snodgrass and Ian Moore were convicted and sentenced for credit union theft, embezzlement, misapplication, and bank fraud under federal statutes 18 U.S.C. § 657 and § 1344.
NCUA's prohibition orders permanently ban individuals from working for federally insured depository institutions, serving as a primary enforcement tool against credit union misconduct.

October 2026 enforcement actions

As reported by the National Credit Union Administration, the agency issued two conviction-based prohibition orders in October 2026 tied to former employees of credit unions in Texas and Illinois.

Haley Snodgrass, a former employee of Doches Credit Union in Nacogdoches, Texas, was convicted and sentenced in the United States District Court for the Eastern District of Texas for credit union theft, embezzlement, or misapplication under 18 U.S.C. § 657.

Ian Moore, a former employee of Heartland Credit Union in Springfield, Illinois, was convicted and sentenced in the U.S. District Court for the Central District of Illinois on charges of credit union theft or embezzlement under 18 U.S.C. § 657 and bank fraud under 18 U.S.C. § 1344.

What the prohibition orders mean

An Order of Prohibition prevents an individual from ever working for a federally insured depository institution, making it one of the agency's strongest enforcement tools against misconduct tied to credit unions.

NCUA also issues other administrative orders under Section 206 of the Federal Credit Union Act when it finds that a credit union or affiliated parties have violated a law, rule, or regulation, breached a fiduciary duty, or engaged in unsafe or unsound practices.

The agency says its most common actions also include Orders to Cease and Desist, which require corrective steps or restitution, and Orders Assessing Civil Money Penalties, which require payment of a penalty. Enforcement orders and notices are searchable on NCUA's Administrative Orders webpage by name, institution, city, state, and year.

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