Sharon Broadway will be sentenced in January after pleading guilty Friday in Monroe County Circuit Court in Monroe, Mich. to embezzling $2.1 million from United Catholic Credit Union in Temperance, Mich.

Chartered in 1961, the $303,261credit union served more than 200 members belonging to local Catholic parishes before it was shuttered earlier this year.

Broadway, 61, of nearby Toledo, Ohio, had been stealing from the credit union since 1985, according to Michigan Attorney General Bill Schuette.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.