JAMESTOWN, N.D. (NewsDakota.com) – The North Dakota Department of Financial Institutions has issued an order suspending a former employee of the First Community Credit Union in Jamestown from employment or other financial affairs.
The Commissioner of the Department of Financial Institutions on Monday issued an order suspending Kaitlin Kastet from employment or otherwise participating in the affairs of any financial corporation, financial institution, credit union, or other entity licensed by the North Dakota Department of Financial Institutions.
“The party listed in this Order has been provided the opportunity to request a hearing pursuant to law,” the order stated.
According to the order, the Commissioner Lise Kruse says they have reason to believe that while employed at First Community Credit Union from March 2017 to February 2021, Kastet committed acts of “commission, or omission, or practice which is a breach of trust or breach of fiduciary duty.”
Kastet has pled guilty to Theft of Property, a Class C felony. She was accused of making unauthorized transfers of funds from one or more inactive accounts.