Service CU alleges Gordon Simmons was forced to resign because of financial improprieties and an affair with his administrative assistant.
The credit union declines to reveal the reason behind 20-year president/CEO Gordon Simmons’ departure.
For the third week in a row, Northeast credit unions were doing the disaster drill, coping with flooded property, providing special loan deals to stricken members, aiding their own employees and assessing potential mortgage losses on portfolios.
Vermont CU Association holding raffle to help raise funds, Pennsylvania CU Association donates to CUAid.
Ringing opening bell and speeches on giant screens help spread CU message.