The Federal Reserve Board announced on Friday, September 18, 2026, that it has executed consent prohibition orders against three former employees of financial institutions. The actions were taken in response to allegations of misconduct involving customer funds.
The first order was issued against Charles Alan Wright, a former employee of Northstar Bank in Bad Axe, Michigan. The Board cited the misappropriation of customer funds as the reason for the prohibition.
Stephanie K. Hudders, a former employee of American Express Travel Related Services Company, Inc., in New York, New York, was also subject to a consent prohibition order. The Board cited misapplication of funds and conflicts of interest as the grounds for the action.
Elvisha White, a former employee of Regions Bank in Birmingham, Alabama, received a consent prohibition order related to check fraud.
The Board noted that additional enforcement actions can be searched for on its website.
