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Credit Union Manager Sentenced To Three Years In Prison

Vermont Public | By Steve Zind

Published April 15, 2014 at 4:50 PM EDT

Three months after pleading guilty to embezzlement charges, the former manager of the Border Lodge Credit Union in Derby has been sentenced to three years in prison.

Debra Kinney, who ran the small Northeast Kingdom credit union from her home, was sentenced in U.S. District Court in Burlington.

Kinney pled guilty to federal fraud charges in January after an FBI investigation concluded that she had been embezzling money from the credit union over a period of years.

Tristram Coffin, the U.S. Attorney for Vermont, says Kinney defrauded account holders of more than $633,000.

All the losses were insured by the National Credit Union Administration.

In addition to a prison sentence, Kinney has been ordered to pay restitution.

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Steve Zind

Steve has been with VPR since 1994, first serving as host of VPR’s public affairs program and then as a reporter, based in Central Vermont. Many VPR listeners recognize Steve for his special reports from Iran, providing a glimpse of this country that is usually hidden from the rest of the world. Prior to working with VPR, Steve served as program director for WNCS for 17 years, and also worked as news director for WCVR in Randolph. A graduate of Northern Arizona University, Steve also worked for stations in Phoenix and Tucson before moving to Vermont in 1972. Steve has been honored multiple times with national and regional Edward R. Murrow Awards for his VPR reporting, including a 2011 win for best documentary for his report, Afghanistan's Other War.

See stories by Steve Zind