John Scott has resigned from the Board of Directors atCommonwealth Credit Union in Frankfort, Ky., after36 years ofservice.

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He had been chairman the past 25 years and his resignation waseffective Jan. 31, the $944 million, 83,200-member CommonwealthCredit Union said in its announcement on Feb. 14.

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“Mr. Scott's extraordinary leadership helped guide CommonwealthCredit Union to its position as one of the state's largest creditunions,” President/CEO Karen Harbin said in the announcement. “Hisinsight, advice and the valuable contributions he made during histenure as director will be missed.”

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When Scott joined the board in 1978, the credit union hadapproximately 10,000 members, one branch located in a small officespace in Frankfort, and assets of $7.4 million. It now has sevenbranches and offers mobile and online banking and a global ATMnetwork to its members.

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