A US government official banned a Texas banker from working for the company after he defrauded his employer of more than $100,000.
Federal Deposit Insurance Corporation (FDIC) he says Cynthia M. Renfro admitted to embezzling approximately $141,674 while working as a banker at First State Bank of Brownsboro.
The inspector alleges that Renfro spent the money between September 14, 2021, and August 18, 2022, and used the money for personal gain.
Renfro pleaded guilty on November 10, 2025.
The regulator has prohibited Renfro from operating or participating in the operations of any FDIC-insured bank, company or affiliated entity.
While Renfro has agreed to the FDIC’s Prohibition Order, the regulator says it will not prohibit other federal agencies from taking legal action if it deems it appropriate.
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