NCUA Prohibits Haley Snodgrass, Ian Moore From Federally Insured Institutions

• The NCUA issued two permanent prohibition orders in October 2026 against Haley Snodgrass and Ian Moore.
• Haley Snodgrass was convicted of Credit Union Theft, Embezzlement, or Misapplication (18 U.S.C. § 657) while employed at Doches Credit Union.
• Ian Moore was convicted of Credit Union Theft or Embezzlement (18 U.S.C. § 657) and Bank Fraud (18 U.S.C. § 1344) from his time at Heartland Credit Union.
• These orders permanently bar both individuals from participating in the affairs of any federally insured depository institution.
• The NCUA provides public access to its enforcement orders online and through mail requests.

It is imperative that financial institutions prevent the hiring or continued employment of prohibited individuals.

The National Credit Union Administration (NCUA) recently announced two conviction-based prohibitions in October 2026, permanently barring two individuals from engaging in any activities related to federally insured depository institutions. These actions underscore the agency's commitment to maintaining integrity within the financial sector by removing individuals who have committed serious financial crimes.

Haley Snodgrass, formerly employed by Doches Credit Union in Nacogdoches, Texas, was among those prohibited. Snodgrass faced conviction and sentencing in the United States District Court for the Eastern District of Texas for Credit Union Theft, Embezzlement, or Misapplication, a violation of 18 U.S.C. § 657. Similarly, Ian Moore, who previously worked for Heartland Credit Union in Springfield, Illinois, was also subject to a permanent prohibition. Moore's conviction and sentencing occurred in the U.S. District Court for the Central District of Illinois for offenses including Credit Union Theft or Embezzlement (18 U.S.C. § 657) and Bank Fraud (18 U.S.C. § 1344).

An Order of Prohibition issued by the NCUA serves as a definitive ban, preventing the named individual from ever holding a position or participating in the affairs of any federally insured depository institution. This measure is a critical tool for the agency to protect the financial system and its members from individuals who have demonstrated a propensity for financial misconduct.

Beyond these permanent prohibitions, the NCUA also issues various administrative orders. These are formal, legally enforceable directives authorized under Section 206 of the Federal Credit Union Act. Such orders are typically implemented when the NCUA determines that a credit union, or individuals associated with it, have violated established laws, rules, or regulations, failed in their fiduciary duties, or engaged in practices deemed unsafe or unsound. These enforcement mechanisms collectively ensure compliance and stability across the credit union system.

These recent prohibitions highlight a crucial area of concern for compliance officers and legal counsel at all federally insured depository institutions. The permanent nature of an NCUA prohibition order means that institutions must implement and maintain robust background check procedures to meticulously identify individuals who are subject to such bans. Failing to do so could lead to significant regulatory exposure and reputational damage for the institution.

It is imperative that financial institutions prevent the hiring or continued employment of prohibited individuals. Legal counsel should proactively advise clients on the severe repercussions associated with employing persons subject to NCUA prohibition orders. Furthermore, establishing and rigorously enforcing internal controls is paramount to deterring the types of financial crimes, such as theft, embezzlement, and fraud, that ultimately lead to these stringent prohibitions, thereby safeguarding both the institution and its customers.

To promote transparency and facilitate due diligence, the NCUA makes its enforcement orders and notices publicly accessible. These records can be searched online via the agency’s Administrative Orders webpage, allowing users to filter by name, institution, city, state, and year. This resource is invaluable for institutions seeking to verify an individual's eligibility or for the public to stay informed about regulatory actions.

The Administrative Orders webpage also provides convenient links to enforcement actions taken by other federal banking agencies against various institutions or their affiliated parties, offering a comprehensive view of regulatory oversight. For those who prefer physical copies, NCUA enforcement orders can be obtained by mail from the NCUA at 1775 Duke Street, Alexandria, Virginia 22314-3428.

Compliance officers at federally insured depository institutions must ensure robust background check procedures are in place to identify individuals subject to NCUA prohibition orders, preventing the hiring or retention of such individuals and mitigating regulatory exposure. Legal counsel should advise clients on the severe consequences of employing prohibited persons and the importance of internal controls to prevent financial crimes that lead to such prohibitions.

Source: Original reporting via the National Credit Union Administration