NCUA Prohibition Orders for Bank Fraud and Theft Convictions

NCUA Press Releases

Filed March 31st, 2026

Detected April 1st, 2026

Summary

The National Credit Union Administration issued two conviction-based prohibition orders in March 2026 against Daniel Johnson and Jacqueline Burns. Johnson was convicted of bank fraud in the U.S. District Court for the Southern District of Indiana, while Burns was convicted of theft of property valued between $150,000 and $300,000 in Galveston County, Texas. Both individuals are permanently prohibited from participating in the affairs of any federally insured depository institution.

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What changed

The NCUA issued permanent prohibition orders against two individuals based on their criminal convictions. Daniel Johnson, former employee of Richmond City Employees Federal Credit Union in Indiana, was convicted of two counts of bank fraud under 18 U.S.C. § 1344(1). Jacqueline Burns, former employee of Galveston Government Employees Credit Union in Texas, was convicted of theft of property valued between $150,000 and $300,000 under Texas Penal Code 31.03(k).

These prohibition orders permanently bar both individuals from working for any federally insured depository institution. Financial institutions should ensure these individuals are not employed in any capacity. Credit unions and banks should review hiring and background check procedures to ensure compliance with prohibition order restrictions.

What to do next

Verify that Daniel Johnson and Jacqueline Burns are not employed in any capacity at your institution
Update compliance screening procedures to check prohibition orders during hiring processes
Document that prohibition order restrictions have been reviewed and systems updated if needed

Source document (simplified)

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

March 2026 NCUA Prohibits Two Individuals from Participating in the Affairs of Any Federally Insured Depository Institution Alexandria, VA (March 31, 2026) ― The National Credit Union Administration issued two conviction-based prohibitions in March 2026. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution.

Notice of Prohibition:

Daniel Johnson, former employee of Richmond City Employees Federal Credit Union, Richmond City, Indiana, was convicted and sentenced in the United States District Court for the Southern District of Indiana with two counts of two counts of Bank Fraud, 18 U.S.C. § 1344(1).

Jacqueline Burns, former employee of Galveston Government Employees Credit Union, La Marque, Texas, was convicted and sentenced in in the 10th District Court of Galveston County, Texas with the offense of Theft of Property between $150,000 - $300,000, Texas Penal Code 31.03(k).

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

In addition to Orders of Prohibition, 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; 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 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.

The NCUA was created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the Share Insurance Fund, insuring the deposits of more than 145 million account holders in all federal credit unions and most state-chartered credit unions.

Last modified on

03/31/26