CEO Bill Walby has resigned from the $2.8 billion Alloya Corporate Federal Credit Union, the Warrenville, Ill.-based said Monday in a release.

Walby cited personal reasons for his departure from the 1,500-member corporate, which is effective Sept. 15.

"This was a difficult decision for me. The merger of Alloya and CenCorp operations is proceeding well, and we are beginning to see some of the anticipated benefits. Unfortunately, I also have some personal responsibilities that are difficult to address along with my responsibilities as Alloya CEO," he said.

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