ALTOONA, Penn. – The former manager of Your Choice CU was charged with embezzling almost $62,000 from the $10-million credit union over a three-year period.
An audit of the credit union revealed that Linda Holland, 53, removed cash from her drawer 58 times over the three-year period and in paperwork falsely attributed the missing money to various business-related expenses such as building maintenance, marketing, office supplies and employee travel, according to court documents.
Holland took as little as $33 on May 21, 2009, and as much as $4,500 on Oct. 28, 2010, police said. In the latter transaction, Holland attempted to hide the theft by attributing $3,522.66 to a cash payment made to the Altoona Neon & Sign Service for a balance owed for an electronic LED sign installation, police said.
But credit union records show a check was cut in that amount by the credit union in February 2011. When police checked with the sign company, they learned the company had not received a cash payment or issued a receipt for one.