Federal Reserve Board issues enforcement actions with former employee of Northstar Bank, former employee of American Express Travel Related Services Company, Inc., and former employee of Regions Bank
The Federal Reserve Board announced three consent prohibition orders on September 18, 2026, involving former employees of Northstar Bank, American Express Travel Related Services Company, Inc., and Regions Bank. The orders cite misappropriation of customer funds, misapplication of funds and conflicts of interest, and check fraud, respectively.
Why It Matters
These enforcement actions reflect the Fed's oversight role in holding individuals accountable for misconduct that can harm customers and undermine trust in financial institutions. Publicizing individual orders signals regulatory enforcement priorities and provides a searchable record for stakeholders.
Key Facts
- Date announced: September 18, 2026
- Regulator: Federal Reserve Board
- Respondent 1: Charles Alan Wright, former employee of Northstar Bank, Bad Axe, Michigan
- Violation 1: Misappropriation of customer funds
- Respondent 2: Stephanie K. Hudders, former employee of American Express Travel Related Services Company, Inc., New York, New York
The Federal Reserve Board on September 18, 2026 issued three consent prohibition orders against former bank employees for various forms of financial misconduct. The first order names Charles Alan Wright, a former employee of Northstar Bank in Bad Axe, Michigan, and cites misappropriation of customer funds. The Board did not include additional factual detail about the conduct in the public notice.
A second consent prohibition order was entered against Stephanie K. Hudders, identified as a former employee of American Express Travel Related Services Company, Inc., of New York, New York. The Board's announcement attributes Hudders with misapplication of funds and conflicts of interest, but the release does not provide a full description of the underlying events.
The third order targets Elvisha White, a former employee of Regions Bank in Birmingham, Alabama, and cites check fraud. As with the other items, the brief public notice lists the prohibition order and the asserted violation without further case specifics.
The Board said additional enforcement actions are searchable through its enforcement records. For media inquiries, the Board provided an email address, [email protected], and a telephone contact at 202-452-2955.
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