A former credit union teller supervisor was sentenced to three years in prison this week for stealing $200,000 from the $1.1 billion Greylock Federal Credit Union in Pittsfield, Mass, said Berkshire District Attorney David F. Capless.

Janine Shepard, 48, of Pittsfield pleaded guilty to one count of larceny and one count of making false entries into corporate records. She was sentenced Wednesday by Berkshire Superior Court Judge John Agostini.

Massachusetts state police detectives said Shepard stole the money and attempted to cover it up between Jan. 1, 2010 and Feb. 18, 2012.

The Berkshire Eagle newspaper reported that Shepard had been employed at Greylock FCU for 13 years, but she and another co-worker were fired shortly after the credit union discovered the criminal activity and reported it to police. The incident prompted the credit union to change its security procedures, according to the newspaper.

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.