NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution

Alexandria, VA (August 31, 2026) ― The National Credit Union Administration issued three consent-based prohibitions in August 2026. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution.

Orders of Prohibition:

Teresa Palmer, former employee of Centra Credit Union, Columbus, Indiana, agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board's claims against her.

Jessie Wright, former employee of Tongass Federal Credit Union, Ketchikan, Alaska, agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board's claims against her.

Ahmed Hamada, former employee of OneAZ Credit Union, Phoenix, Arizona, agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board's claims against him.

An Order of Prohibition prohibits a party from ever working for a federally insured depository institution.

In addition to Orders of Prohibition, NCUA occasionally issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, NCUA issues administrative orders when it finds that a credit union-or persons affiliated with a credit union-have violated a law, rule, or regulation; breached a fiduciary duty; or engaged in an unsafe or unsound practice.

The three most common orders issued by NCUA include:

• An Order to Cease and Desist, which requires an institution or individual to take action (or refrain from taking action), including making restitution;
• An Order of Prohibition, which prohibits an individual from ever working for a federally insured financial institution; and
• An Order Assessing Civil Money Penalties, which requires an institution or individual to pay an assessed penalty amount.

Agency enforcement orders and notices are searchable by name, institution, city, state, and year on NCUA's Administrative Orders webpage. The webpage also provides links to the federal enforcement actions of federal banking agencies against other institutions or their affiliated parties.

The public may view NCUA's enforcement orders online or the public may order copies by mail from NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.