While a former branch manager was giving financial advice to a 91-year-old member, she allegedly stole more than $125,000 from that member's savings account.
Claudette Retana, 66, who retired earlier this year from the $9.5 billion Security Service Federal Credit Union where she was employed for more than 33 years, pleaded not guilty to 20 felony counts of financial institution fraud in U.S. District Court in Denver Tuesday.
The nonagenarian member identified in a federal indictment as "FH" maintained a savings account and CD accounts at SSFCU's branch in Pueblo, Colo. Starting in 2009, Retana began providing financial advice to FH even though it was not within the scope of her managerial duties, according to the indictment.
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