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ARLINGTON, Va. – In a move that surprised many state-chartered credit unions as well as some state regulators, Doug Duerr, who served as president/CEO of NASCUS for more than 10 years was “dismissed” from the position July 29 by the five members of the association’s regulator executive committee. Jerrie Lattimore, administrator, North Carolina Credit Union Division, who at the time was also the NASCUS Chair, attributed the executive committee’s decision to its “vote to have new leadership.” Mary Martha Fortney, vice president, state regulatory affairs, was named acting president/CEO of the association until a new president/CEO is selected. She also threw her hat in to the ring to be considered for the position. In addition, the association cast a wide net for potential candidates for the position, running help wanted ads in credit union publications, as well as with the Washington Post, the American Society of Association Executives (ASAE), and the Internet. The search committee headed by Jim Forney, superintendent of credit unions for Iowa, accepted applications through Dec. 8.

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