The National Credit Union Administration (NCUA) announced the issuance of two consent-based prohibition orders in August 2025. These orders permanently bar Jennifer Tatman and Michele Spanbauer from participating in the affairs of any federally insured depository institution.
Jennifer Tatman, a former employee of Allied Plastics Federal Credit Union (APFCU), which has merged with GP Louisiana Federal Credit Union (GP Louisiana FCU) in Zachary, Louisiana, agreed to the prohibition order and will comply with its terms to settle and resolve the NCUA Board’s claims against her.
Michele Spanbauer, a former employee of Oshkosh Postal Employees Credit Union (OPECU), now part of Community First Credit Union (CFCU) in Oshkosh, Wisconsin, also agreed to a prohibition order and will comply with its terms to settle and resolve the NCUA Board’s claims against her.
According to the agency, “An Order of Prohibition prohibits a party from ever working for a federally insured depository institution.”
The NCUA explained that it issues administrative orders under Section 206 of the Federal Credit Union Act when it finds violations of law or regulation, breaches of fiduciary duty, or unsafe practices by credit unions or their affiliates. The most common types are Orders to Cease and Desist, Orders of Prohibition, and Orders Assessing Civil Money Penalties.
The agency stated: “An Order to Cease and Desist…requires an institution or individual to take action (or refrain from taking action), including making restitution; An Order of Prohibition…prohibits an individual from ever working for a federally insured financial institution; and An Order Assessing Civil Money Penalties…requires an institution or individual to pay an assessed penalty amount.”
Information about enforcement actions is available on the NCUA’s Administrative Orders webpage, where users can search by name, institution, city, state, and year. The site also links to enforcement actions by other federal banking agencies.
Members of the public may 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. It regulates and supervises federal credit unions. It also manages the National Credit Union Share Insurance Fund which insures deposits for more than 143 million account holders across all federal credit unions as well as most state-chartered credit unions.
