Former Branch Manager Sentenced for $330K Embezzlement

HEMPHILL, Texas—A former branch manager has entered a guilty plea to embezzling from her one-time credit union employer and has now been sentenced to prison and to pay restitution.

Haley Maxine Snodgrass, 29, pleaded guilty to credit union theft and was sentenced to two years and nine months in federal prison by a U.S. District Judge. She was also ordered to pay restitution in the amount of $330,351.39.

Snodgrass had been employed by the Doches Credit Union since 2016, first as a teller and then as a branch manager.

An investigation in 2023 conducted by a third party revealed that Snodgrass used a variety of schemes to take money from the credit union for personal gain. 

Multiple Frauds

“This included creating fraudulent loans, refinancing legitimate loans without the consent of the credit union member, misappropriating loan payments, and conducting unauthorized transactions on member accounts,” the U.S. Attorney’s Office for the Eastern District of Texas said.

As part of her plea, Snodgrass admitted that she embezzled and willfully misapplied approximately $281,097.97 in money, funds, and assets belonging to Doches Credit Union with the intent to defraud the credit union. 

She also admitted that the amount of restitution owed was $330,351.39.

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