Two individuals who pleaded guilty to charges of embezzlement at the credit unions where they worked have been prohibited from any future involvement in the affairs of a federally insured depository institution, according to orders published recently by the federal regulator of credit unions.
James Roy Entzminger, who worked for Banner Federal Credit Union, pleaded guilty and in March was sentenced for embezzlement in the U.S. District Court for the District of Arizona, according to a National Credit Union Administration (NCUA) order issued May 30. Entzminger was sentenced to 15 months in prison, five years’ supervised release, and was ordered to pay $621,937.28 in restitution, the agency said in a release.
An order issued May 23 shows that Amanda Marie Renis, who was an employee at Preferred Credit Union, pleaded guilty and in December 2016 was sentenced for embezzlement in the State of Michigan’s 61st District Court.
Entzminger and Renis are each barred from becoming an “institution-affiliated party” in the future. Anyone violating either prohibition can be fined up to $1 million per day and get a prison term up to five years.