NCUA Bans Two Former Credit Union Employees
Teresa Hyler worked at Beacon CU and Furlong was employed at Groton Municipal Employees FCU.
Two former employees who worked for credit unions in Virginia and Connecticut were banned from participating the affairs of any federally-insured financial institution, the NCUA said Monday.
Teresa Boulware Hyler, a former employee of the $227 million Beacon Credit Union in Lynchburg, Va., was sentenced to seven years in prison, which was suspended by a Danville Circuit Court judge in August, according to court records.
Hyler was ordered to pay restitution of $7,820, court costs of $478, and two years of supervised release.
Jennifer Furlong, a former employee of the $6.9 million Groton Municipal Employees Federal Credit Union in Groton, Conn., entered a pretrial diversion program in May 2019, which is for first-time, non-violent offenders.
She had been facing a third-degree larceny that is charged against those who allegedly steal the value of property or service that exceeds $2,000, according to Connecticut’s general statutes.