The National Credit Union Administration in July 2024 permanently prohibited two individuals from participating in the affairs of any federally insured depository institution.
Prohibition Orders
In this order, NCUA named two individuals who are permanently prohibited from participating in federally insured institutions: Jose Prado-Valero and Tracy H. Thibodeau.
Types of Orders
The NCUA issues several types of enforcement orders including Orders to Cease and Desist, Orders of Prohibition, and Orders Assessing Civil Money Penalties to ensure compliance with laws and regulations.
Viewing Enforcement Actions
NCUA enforcement orders and notices are publicly accessible online. Users can search orders by name, institution, city, state, and year on the NCUA's Administrative Orders webpage.
Public Availability
The public can view NCUA enforcement orders online or request copies by mail, ensuring transparency and accountability in the agency's regulatory activities.
