NCUA Bans Three Former Credit Union Employees
Brittany Ann Carney embezzles more than $51,000 from deceased members.
The NCUA said Thursday it banned three former employees who worked at credit unions in Oklahoma, Florida and Nevada.
Brittany Ann Carney, a former employee for the $108 million Red River Federal Credit Union in Altus, Okla., was sentenced in February to two years of probation after she pleaded no contest to four felony counts of embezzlement and one misdemeanor count of embezzlement.
According to court records obtained by CU Times from the third judicial court in Jackson County, Carney embezzled more than $51,000 from the accounts of three deceased members. She also stole nearly $3,000 from two other member accounts. The crimes were committed in 2016, 2017 and 2018.
Carney was facing up to 21 years in prison, but she was sentenced to probation because she had no prior felony convictions, according to court documents.
She was ordered to pay $5,000 in restitution to Red River and pay more than $7,000 in fines, court costs and fees.
Cara V. Ford, who managed the Park Street branch of the $525 million JAX Federal Credit Union in Jacksonville, Fla., stole $10,000 from the branch’s ATM in June 2018, according to the NCUA. She also attempted to conceal her theft by altering the branch’s general ledger account.
After she was fired, Ford was arrested by the Jacksonville Sheriff’s Office and charged with felony grand theft. Florida state prosecutors referred her to a felony pre-trial intervention program. The NCUA said Ford paid $10,000 in restitution to JAX in December 2018.
From January 2019 to March 2020, Linda Albion Galeoto served as an assistant CEO for the $36.2 million Reno City Employees Federal Credit Union where she engaged in fraudulent loan activity, misused credit union funds, misused her personal account at the credit union, and manipulated the credit union’s general ledger to hide her activities.
These NCUA findings were neither admitted to nor denied by Galeoto.
The independent federal agency, however, did not report whether Galeoto’s alleged fraud led to any financial losses. An NCUA spokesperson said, “We won’t be able to provide any additional information on the Galeoto case beyond what is in the Consent Order.”
After she was fired in July 2020, the federal agency also did not say whether her fraud was reported to police or federal authorities.
Ford and Galeoto signed the NCUA’s prohibition order and Carney signed an NCUA prohibition notice. The order and notice ban the former credit union employees from participating in the affairs of any federally insured financial institution.