Gail Teague was sentenced to three years of probation by a U.S. District Court judge in New Orleans Wednesday for stealing $34,000 in cash from the vault of a failed credit union.

Gail Teague, who worked as an office manager at the $9.2 million Ochsner Clinic Federal Credit Union in New Orleans, pleaded guilty to theft of bank funds in March.

Judge Stanwood R. Duval Jr. also ordered Teague to pay $34,000 in restitution.

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.