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WASHINGTON-After nearly 20 years in the top spot at the American Bankers Association, Donald G. Ogilvie announced this year that he would be retiring in April 2005. But credit unions will get no reprieve from the onslaught of attacks. ABA already has Executive Vice President Edward L. Yingling in the wings, waiting to take over as president and CEO at that time. Additionally, ABA voted in a new chairman, or to be more precise, its first chairwoman. Elizabeth Duke, SouthTrust Bank’s executive vice president for community bank development, became the banking trade association’s first female chair in October this year. She replaces NBanC Chairman C. Kendric Fergeson as ABA’s chair. It is no big surprise that the credit union tax exemption and expanding powers are top priorities for her tenure.

 

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