Jane L. Madtson, former manager of the $1.9 million Grays Harbor Community Hospital Credit Union, allegedly stole thousands of dollars from the Aberdeen.Wash.-based cooperative before it was merged, according to court documents filed by prosecutors last month.

Grays Harbor Community Hospital Credit Union was merged into the Aberdeen-based Grays Harbor Woodworkers Federal Credit Union in January 2016. Three months after the merger in March 2016, the former manager of Grays Harbor Woodworkers FCU, Krista Stephanie Putnam, burned financial documents during an NCUA examination to conceal her $350,000 theft . She was sentenced to 14 months in prison on Jan. 12.

The alleged Madtson theft was reported by a member of the Grays Harbor Community Hospital CU soon after the consolidation.

Madtson, who was not hired by Grays Harbor Woodworkers FCU, allegedly stole nearly $3,700 from a member's account and more than $1,000 from credit union funds in December 2015, according to court documents filed by Jason F. Walker, chief criminal deputy prosecuting attorney for Grays Harbor County.

Grays Harbor Woodworkers FCU's Supervisory Committee Chair Byron Eager investigated the matter and reported his findings to police in August 2016, according to court documents. The credit union was merged last year into the $139 million Great NorthWest Federal Credit Union also based in Aberdeen.

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Peter Strozniak

Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.