ALEXANDRIA, Va. — NCUA announced four orders of prohibition today, including one for former Nor-Car Federal Credit Union President/CEO Michael J. Symons.
Symons previously pleaded guilty to credit union fraud and filing a false tax return. He was arrested in January for putting credit union money into his own companies. He has been ordered to pay restitution of more than $1.8 million to NCUA. This situation and a separate $1.5 million fraud by Betty Jean Barachie led to the credit union's downfall in 2004.
Additionally, NCUA issued prohibition orders against:
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-Cindy Diana Hastie, a former employee at State Employees Credit Union in Jacksonville, Fla., who pleaded guilty to embezzlement and was sentenced to 21 months in prison, 5 years of supervised release and ordered to pay $212,143 in restitution to the credit union.
-Former Aegis Credit Union Teller Alisa Marie Ryan pleaded guilty to forgery and theft and was sentenced to 5 years in prison and ordered to pay $15,240 in restitution, which was suspended. She is serving 5 years of supervised release.
-Former Florida Health Systems Federal Credit Union CEO David A. Call, agreed to a prohibition order, without admitting or denying fault to save the time and expense of litigation.
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