The Federal Reserve Board (FRB) announced that Brenda Fuson, a former employee at Regions Bank in Smithville, Tennessee, stole $327,500 from a customer’s account.
From April 2022 to July 2024, Fuson made a series of illicit transactions totaling $323,500 and additionally withdrew $4,000 from the customer’s cash box.
She was fired on August 2, 2024, after being arrested and pleaded guilty to theft in Tennessee state court. Fuson agreed to return the stolen funds and is now banned from working in any U.S. bank.
Regions Bank, also known as Regions Financial Corporation (RF), has $159 billion in assets under management.