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Everybody Loves Your Money
Everybody Loves Your Money
Amanda Blankenship

Federal Reserve Bars Two Former Bank Employees Over Misappropriation of Customer Funds

US Federal Reserve the Federal Reserve Board Regions Bank The Federal Reserve Board Regions
Federal Reserve bank employee enforcement actions
The Federal Reserve has barred two former bank employees from participating in the banking industry following separate enforcement actions involving the misappropriation of customer funds. Srdjan Randjelovic/Shutterstock

The Federal Reserve Board has barred two former bank employees from participating in the banking industry following findings involving the misappropriation of customer funds.

The enforcement actions, announced August 20, involve Stephanie R. Kilbert, a former employee of Regions Bank in Birmingham, Alabama, and Crystal A. Wykle, a former employee of United Community Bank in Greenville, South Carolina. The Federal Reserve described both actions as consent prohibitions and identified misappropriation of customer funds as the misconduct involved.

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