HIGHTSTOWN, N.J. -- The New Jersey Credit Union League, roiled by last month's firing of President/CEO Robert S. Walls, was facing more fallout Thursday with sharp complaints by a departing director over procedures and policies governing trade group operations.
The blunt criticism of fellow directors for methods before and after the ousting of Walls April 23 came from a surprising source, First Financial Federal Credit Union of Tom's River CEO Issa Stephan, appointed only two weeks ago to the five-member Search Committee to find Walls' replacement.
"I'm not happy at all with the way the table leadership handled this matter nor am I with the way they've done the search in not pursing a more professional approach," said Stephan, who said he has already resigned his director's job in a May 9 letter.
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