ALEXANDRIA, Va. (June 30, 2025) – The National Credit Union Administration issued one letter notice of prohibition and one-consent based prohibition order in June 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution.
Notice of Prohibition:
- Christian Wright, former employee of Mid American Credit Union, Wichita, Kansas, was convicted and sentenced in the District Court for Johnson County with the offense of Theft Over $100,000 in violation of K.S.A. § 21-5801.
Order of Prohibition:
- Kevin Spratt, former employee of Police & Fire Federal Credit Union, Philadelphia, Pennsylvania, 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 claim against him.
The NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the 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 the 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
- 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 the 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 enforcement orders online or the public may order copies by mail from the NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.