The Federal Reserve is banning two former First Horizon and M&T bankers from working in the industry, according to a release published Thursday.

The central bank alleged Jermal McGlown used his position as a wire transfer administrator at First Horizon to obtain confidential customer information between November 2023 and January 2024 that ultimately led the bank to lose $42,000, according to an order dated Sept. 8.

McGlown allegedly provided the information to a third party, who impersonated customers to initiate fraudulent wire transfers from their accounts, the Fed said.

McGlown was terminated from the Memphis, Tennessee-based bank Jan. 23, 2024.

The Fed also alleged Rahimlen Dean, a onetime universal banker at M&T, accessed $5,239.79 from a customer’s bank account in May 2023, without permission, and used it to pay down her own credit card bill. Roughly a week later, Dean ordered a debit card linked to that customer’s account and withdrew $25,015.50 using the card for a series of transactions that spanned months, the Fed added in an order dated Monday.

Dean resigned from the Buffalo, New York-based bank June 30, 2023.