Former MT credit union employee barred over findings of fraud

A former employee of Altana Federal Credit Union in Billings, Mont., is barred from any future work in federally insured financial institutions under a consent prohibition order by the National Credit Union Administration (NCUA).

The Feb. 3 order states that Kelly Jo Muzzana, formerly the credit union’s operations manager, used her access to members’ account information to duplicate members’ credit and debit cards and intercept cards that were returned as undeliverable. Between January and December 2023, it states, Muzzana used members’ cards to make unauthorized purchases and abused her position to conceal her fraud, which caused the credit union “significant financial loss.”

The order states that Muzzana pled guilty last July 31 in U.S. district court to one count of embezzlement.

NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution