Wednesday, April 4, 2012

Outlaw barred from credit union employment

The National Credit Union Administration announced Tuesday that it has barred a former Granite Falls credit union employee from future depository institution employment.

Joyce Ann Outlaw, 51, was convicted in July on several counts of embezzlement and forgery and was sentenced to three years of probation, state records show. She worked at a Hickory-based Shuford Federal Credit Union location in Granite Falls.

Violating the NCUA order carries possible prison time and up to a $1 million fine.

Shuford has about $24 million in assets and 4,300 members, according to the NCUA. It was chartered in 1967.

Outlaw was unable to be reached for comment.