judge sentences woman Source: Shutterstock.

A former executive will be sentenced in May after admitting she embezzled more than $240,000 from a Tennessee credit union by taking cash from the vault, siphoning funds from a deceased employee’s account and opening lines of credit in the names of family members only to pocket the money for her use, according to a plea deal document.

Monica Jackson, 42, of Murfreesboro, Tenn., who was the operations and marketing director for the $47 million Lifeway Credit Union in Nashville, pleaded guilty to one count of embezzlement in U.S. District Court in Nashville last month.

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

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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.

Already have an account?

Peter Strozniak

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.