The National Credit Union Administration (NCUA) issued one consent and two prohibition notices in June 2024, permanently prohibiting three individuals from participating in the affairs of any federally insured depository institution.
Tracy Mikulencak, a former employee of A+ Federal Credit Union in Austin, Texas, agreed to the issuance of a prohibition order and consented to comply with all its terms to settle and resolve the NCUA Board’s claim against her.
Phillip Brian Topping, a former employee of New Pilgrim Federal Credit Union in Birmingham, Alabama, was convicted in United States District Court, Northern District of Alabama, on one count of theft and embezzlement related to his employment at the credit union. Javier DeJesus Narciso, a former employee of Merced School Employees Federal Credit Union in Merced, California, was convicted in California Superior Court, Merced County on one count of grand theft and embezzlement connected to his employment at the credit union.
An Order of Prohibition prevents an individual from ever working for a federally insured depository institution. Besides Orders of Prohibition, the NCUA occasionally issues administrative orders under Section 206 of the Federal Credit Union Act when it determines that a credit union or its affiliates have violated laws or regulations; breached fiduciary duties; or engaged in unsafe practices.
The most common orders issued by the NCUA include:
- An Order to Cease and Desist: Requires action or cessation thereof by an institution or individual.
- An Order Assessing Civil Money Penalties: Mandates payment of assessed penalties by an institution or individual.
Enforcement orders and notices can be searched by name, institution, city, state, and year on the NCUA’s Administrative Orders webpage. The public may also view these orders online or request copies by mail from the NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.
The NCUA is an independent federal agency established by Congress to regulate federal credit unions. It manages the National Credit Union Share Insurance Fund which insures deposits for over 135 million account holders across federal credit unions and most state-chartered credit unions. The agency also focuses on consumer protection and financial literacy education.
For media inquiries:
Joe Adamoli
JAdamoli@ncua.gov
703.518.6572