A former Pennsylvania credit union assistant manager agreed to plead guilty this month to aiding bank fraud, and to cooperate with federal prosecutors to provide information concerning the unlawful activities of others.

Amanda Magda became the fourth of five defendants to plead guilty in a $45,000 fraud and conspiracy scheme at the $38 million Wilkes-Barre City Employees Federal Credit Union in Wilkes-Barre, Pa. In exchange for her guilty plea and cooperation, prosecutors dropped a fraud charge against Magda. Prosecutors also are expected to recommend a lighter sentence based on her cooperation. Court documents did not state whether Magda's information would lead to additional indictments against other individuals. She signed her plea deal on May 6, but it was not filed in court until June 16.

Magda's plea hearing is set for July 13 in U.S. District Court in Wilkes-Barre. She is expected to admit that she fraudulently signed her name as a witness to the signature of another credit union member who did not sign the loan documents to assist Tino Ninotti in securing a $25,000 loan from the credit union.