A former president/CEO of a Washington credit union who allegedly stole more than $350,000 and burned bank documents during an NCUA examination will be arraigned in a county court on July 31 for theft and arson, according to police and prosecutors.

Krista Stephanie Putman, former president/CEO of the $3.3 million Grays Harbor Woodworkers Federal Credit Union in Aberdeen, was charged with two counts of first-degree theft and one count of second-degree arson, Katherine L. Svoboda, prosecuting attorney for Grays Harbor County, said.  Putman, 38, was arrested by Aberdeen Police on Monday.

An audit conducted by Washington certified public accountants, Aiken & Sanders, found Putnam allegedly stole more than $350,000, according to an Aberdeen police investigator's report obtained by the CU Times.

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