Her attorney, Thomas Woehrle of Fredericksburg, Va., did not return phone calls or an email seeking comment about why his client embezzled funds from the $12.2 million, 1,886-member credit union.

In Jennings' plea agreement, however, she agreed to forfeit various designer fashion accessories such as purses, shoes and jewelry that she purchased with the stolen money, among other items. She also agreed to forfeit at least six real estate properties, more than $260,000 in retirement accounts, two cars and an all-terrain vehicle.

She was president/CEO of the credit union from March 2000 to 2015.

According to court records, Jennings stole nearly half – $450,696 – of the $1 million through an internal check scheme.

WCFCU maintained a Money Gram official checks ledger account to record the processing and clearing of official credit union checks. She used this account to hide fraudulent withdrawals and process fictitious deposits in her personal bank account.

In September 2008, Jennings took cash from her teller drawer for her personal use and posted a debit to the Money Gram official checks account rather than debiting her personal account. These withdrawals ranged from $2,000 to $5,000 each.

Starting in December 2009, Jennings admitted in court documents that she began depositing money into her personal account directly from the Money Gram account. In one example, on Dec. 22, 2009, Jennings deposited $40,120 into her personal account, and falsely described the transaction in account records as a "misc. adjustment (Invesco/Stock Xfer)" and made a corresponding debit to the Money Gram account.

Jennings also admitted to using two other general ledger accounts to conceal fraudulent withdrawals and deposits. For example, on March 29, 2013, she debited accounts payable for $91,354, entered the debit as an ACH processing error and made a corresponding deposit into her personal account. Two days later, she wired $85,352 to settle the purchase of real estate.

From January 2013 to November 2014, Jennings fraudulently conducted 15 secured loan advances that ranged from $5,000 to $70,000. By Dec. 31, 2014, the outstanding balance on the loan was $248,000.

She fraudulently approved the secured loan to herself, violating the credit union's policy and doing so without the knowledge of its board of directors. What's more, Jennings falsely indicated in records that the loan was secured by shares in her mother's account.

When questioned by an NCUA examiner about the size of the secured loan, Jennings lied that the board of directors had removed the secured loan limit for one account and provided the examiner with altered copies of the board's meeting minutes to support her lie, according to court documents.

Jennings also admitted that she created a fictitious account and fake loans that amounted to $194,357. She secured these loans by pledging collateral owned by a member without that member's authorization or knowledge.

According to the plea agreement, Jennings agreed to make restitution of $1,025,000 to CUMIS Insurance Society Inc. in Madison, Wis. and $34,767 to the $2 billion Apple Federal Credit Union in Fairfax, Va.

Winchester Community was merged into Apple at the request of the NCUA after the federal agency placed Winchester Community into "restricted status." That merger was approved by the NCUA in June.

Court documents do not explain why Jennings owed Apple restitution because she was never employed by the credit union and she did not have any relationship with Apple, Vice President of Community Relations Robert Sowell Jr. said.

However, five employees from Winchester Community FCU joined Apple after the Winchester cooperative merged into Apple in August.

The NCUA placed Winchester on a restricted status before the consolidation, which was facilitated by the federal agency, according to court documents.