Former credit union CEO charged with $156,000 theft

A plea hearing will be held next week for the former president/CEO of a West Virginia credit union who is accused of stealing more than $156,000.

In court documents filed Thursday by federal prosecutors in U.S. District Court in Wheeling, Kathleen Gramlich, 65, of Valley Grove, was charged with theft from the $5.8 million Ohio County Public Schools Federal Credit Union.

Soon after she departed the credit union in March, the credit union confirmed that the FBI was conducting an investigation.

The alleged theft was uncovered in March after a credit union employee found discrepancies during a routine reconciliation of accounts.

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