• Credit union CEO faces federal embezzlement charge
     | June 21,2013

    BURLINGTON — The only employee of a small northern Vermont credit union that was taken over last year by federal regulators is now facing embezzlement charges.

    Earlier this month a federal grand jury in Burlington indicted Debra Kinney, the CEO of the now closed Border Lodge Credit Union, on an embezzlement charge.

    The indictment alleged Kinney did “willfully embezzle, purloin and misapply moneys and funds” of the credit union.

    Last November the Vermont Department of Financial Regulation closed the Derby Line-based credit union, which was first chartered in 1963.

    An attorney for Kinney did not immediately return a phone call seeking comment.

    MORE IN Vermont News

    Officials in two Rutland County school districts are among those proposing large cuts from... Full Story

    MONTPELIER — A Vermont resident and officials in his town are at odds over what... Full Story

    RUTLAND — The organization that runs the Vermont State Fair is poised to kick out a... Full Story

    More Articles
    • VIDEOS
    • PHOTOS