Former Credit Union CEO Found Guilty of Embezzlement
by KYW’s Brad Segall
The former president and CEO of the United Food and Commercial Workers Local 17-76 Federal Credit Union in Plymouth Meeting is behind bars after being convicted of stealing more than $34,000.
A Montgomery County, Pa. jury found Anne Clyburn guilty of theft and related charges for embezzling the money over a seven-year period while she ran the credit union.
Prosecutors say she paid some of her own bills and gave herself pay raises that weren’t authorized by the board of directors.
The 44-year-old Exton woman faces a maximum of 22 to 44 years behind bars, and assistant DA Tony Gil says he will ask for jail time:
“This particular credit union is a very small credit union and they serve people of modest means, and for the defendant to violate the trust of people like that is absolutely outrageous.”
The credit union leadership ordered an audit of the books after Clyburn was let go in 2007. The judge revoked her $25,000 bail after the conviction, calling the woman a flight risk.