Wheeling - Valley Grove resident Bernie D. Metz, 56, a former employee of Center Valley Credit Union in Wheeling, appeared before U.S. Magistate Judge James E. Seibert in Wheeling this morning on charges of embezzlement involving the credit union between 2004 and 2009.
Center Valley Federal Credit Union, formerly located in rented office space at 2000 Eoff St., Wheeling, was found to be insolvent by the National Credit Union Administration and shut down. The credit union was liquidated last February and at the time, served 3,150 members and had deposits of approximately $8 million. It opened in 1975 to serve Ohio Valley Medical Center employees and people in the surrounding community.
Metz was released on a $1 million personal recognizance bond.