NCUA official seal. Credit/NCUA
A former employee who embezzled $14,300 from a Michigan Credit Union has been banned from ever participating in the affairs of any insured financial institution, the NCUA said.
Andrea Alice Nedow, 29, who worked as a teller/member service representative for the $89 million Traverse Catholic Federal Credit Union in Traverse City, was the 18th former credit union employee banned by the federal agency in 2023. In 2022 and 2021, the NCUA banned 13 and 23 former credit union employees, respectively, according to the agency's records.
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