The Federal Reserve has banned a former employee of a Wyoming bank from the banking industry for embezzling money from a charity.
The Fed issued the prohibition against Kendall Hickman, who worked at Jonah Bank of Wyoming from July 2021 to June 2023, for conduct that “constituted violations of law or regulation, and involved personal dishonesty.”
According to a consent order made public on Thursday, while working at the Casper bank, Hickman embezzled $33,212.84 from a non-profit organization where she worked concurrently as a bookkeeper.
According to her LinkedIn profile, Hickman was hired as a mortgage loan processor and transitioned to a commercial banking assistant in 2022. Her work experience also lists an 11-year stint as an executive assistant for the Two Fly Foundation.
The foundation, according to its website, hosts an annual fly fishing tournament on the North Platte River. The event, held each year on the Thursday and Friday before Mothers Day, raises funds for various charitable causes, including the Make-a-Wish Foundation as well as local food, child welfare and environmental conservation groups. The Two Fly Foundation has distributed more than $3.7 million since 2005.
The Fed order does not name the organization from which Hickman embezzled, but it notes that she repaid the group in full.
Hickman did not immediately respond to a request for comment sent to her LinkedIn account.
As a result of the Fed’s enforcement action, to which Hickman agreed, she is barred from engaging in any banking activity until further notice without written approval from the Federal Reserve Board of Governors.
A representative for Jonah Bank did not immediately respond to a request for comment on Thursday morning.
Founded in 2006, Jonah Bank has four locations in Wyoming: two in Cheyenne and two in Casper — the state’s two most populous cities. It has $528 million assets, according to its last call report.