Lisa Hauptman, the former president/CEO of the $18.7 million Oil Country Federal Credit Union, will be sentenced in June after admitting to embezzling more than $47,000 from the Titusville, Pa.-based cooperative.

Hauptman, 47, pleaded guilty to one count of embezzlement of credit union funds in U.S. District Court in Erie, Pa. last week.

According to court records, Hauptman embezzled the funds between November 2011 and May 2015.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.