PHOENIX — Issuing a plea for industry unity to stop conversions, the retiring head of the Arizona Credit Union League has criticized conversion advocates as greedy and “get rich” schemers.In remarks made at his last major public appearance as president/CEO of the Arizona League, Gary L. Plank, labeled the industry forces pushing bank conversions as full of “hypocrisy” as they turn their backs on the CU nonprofit structure which has served the nation well.

The 65-year-old Plank, a veteran league manager with 42 years of service including stints at Midwest leagues, urged Arizona CU leaders to “guard the credit union legacy.”

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