CNBS sent out a letter to its clients on Tuesday telling themthat CEO Brian Hague and Doug Richardson, its executive vicepresident and CFO, are no longer with the Kansas City-based creditunion investment CUSO.

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The letter said the CUSO's board appreciated Hague's and Richardson's service and wished themluck in their future endeavors but provided no other details ontheir departure.

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“The board would also like to assure you that these changes willhave no impact on to CNBS' operations or any of the services weprovide,” said the letter to clients obtained by Credit UnionTimes.

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The letter advised credit unions seeking more information tocontact EVP BrianSmith-Vandergriff, CFO ToddFrerichs or LarryHarmon in compliance/financial operations.

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The company did not immediately return an email seekingcomment.

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CNBS was formerly owned by the now-defunct corporate creditunion U.S. Central. AberdeenCapital Holdings in Dallas, which includes former Texans CreditUnion CEO David Addison as a partner and founder, bought a 51%stake in CNBS last year.

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