A US regulator has barred a Texas banker from working in the industry after she embezzled more than $100,000 from her employer.
The Federal Deposit Insurance Corporation (FDIC) says Cynthia M. Renfro pleaded guilty to misappropriating about $141,674 while working as a personal banker at First State Bank of Brownsboro.
The regulator says that Renfro misappropriated the funds between approximately September 14, 2021, and August 18, 2022, and used the money for her personal benefit.
Renfro pleaded guilty to the charges on November 10, 2025.
The regulator has banned Renfro from working at or participating in the activities of any FDIC-insured bank, holding company or affiliated entity.
While Renfro has consented to the stipulations of the FDIC’s Prohibition Order, the regulator notes that it does not bar other government agencies from pursuing legal action against her if deemed appropriate.
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The post Insider Drains $141,674 from Bank in Texas, Pleads Guilty to Stealing from Elderly Person: FDIC appeared first on The Daily Hodl.
