WARSAW — Nanci Ann Hanna has been arrested on charges of defrauding Teachers Credit Union and theft of money from that financial institution, totaling $42,430. She was assistant branch manager at the time of the alleged crimes.
Hanna, 46, 1203 1/2 E. Smith St., Warsaw, was arrested Friday morning on charges of fraud on an financial institution, a level 5 felony and theft, a level 6 felony. She was held on $10,000 surety and $250 cash bond.
Officials at Teachers Credit Union notified Warsaw Police on Jan. 15, to report a shortage of $39,520 from one of the bank teller drawers. The branch manager told police all drawer combinations are under dual control, with the exception of those owned by Hanna, assistant branch manager. An audit of all drawers found Hanna’s drawer was also short $2,910.
TCU investigator Patrick Doyle spoke with Hanna who admitted taking $2,910 from her drawer and $39,520 from another drawer. She stated when the employee assigned to the drawer in question left employment with the credit union, she would transfer money from that drawer into her drawer and then steal the money. The theft occurred between June 2014 through Dec. 22, 2015.