Latest news with #FirstCommunityBankofCullman
Yahoo
14-05-2025
- Yahoo
Former Cullman bank VP pleads guilty to embezzling over $2M for personal expenses
CULLMAN, Ala. (WHNT) — Federal court records show that the former vice president of the First Community Bank of Cullman has pleaded guilty to embezzlement. Kellie Johnson was charged with bank embezzlement after she took $2,376,325.07 between July 2013 and June 2023 from the bank where she was employed. Madison man federally indicted for sexual exploitation of children Court records show that Johnson is set to be sentenced on August 12, 2025. The maximum sentence for bank embezzlement is: Up to 30 years in prison A fine of no more than $1M Both the above options Supervised release of no more than 5 years A special assessment of $100 According to court records, Johnson 'conducted unauthorized Automated Clearing House (ACH) transactions to pay personal expenses that cleared through First Community Bank of Cullman's account with the Federal Reserve Bank in Atlanta, Georgia.' In March, First Community Bank in Cullman confirmed to News 19 that Johnson was the vice president of the bank, and that they discovered the crime was taking place in 2023. Following the discovery of the crime, she was removed from her position. The bank also said they did not suffer any financial loss, and that customer accounts were not accessed. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
25-03-2025
- Yahoo
Former Cullman bank VP accused of embezzling over $2M for personal expenses
CULLMAN, Ala. (WHNT) — The former vice president of a Cullman bank is facing embezzlement charges, federal court records show. Kellie Johnson is charged with bank embezzlement. Court documents say Johnson embezzled approximately $2,376,325.07 between July 2013 and June 2023 from First Community Bank of Cullman while she was an employee there. Former Decatur police officer Mac Marquette in court for immunity hearing According to court records, Johnson 'conducted unauthorized Automated Clearing House (ACH) transactions to pay personal expenses that cleared through First Community Bank of Cullman's account with the Federal Reserve Bank in Atlanta, Georgia.' First Community Bank in Cullman confirmed to News 19 that Johnson was the bank's vice president and they discovered the crime was taking place in 2023. She was removed from her position following that discovery. The bank also said that it did not suffer any financial loss as a result of this embezzlement, and no customer accounts were accessed. Johnson is set for arraignment on April 24 at 9:30 a.m. at the federal courthouse in Huntsville. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
