BRISTOL, Tenn. — After 44 years in the credit union movement, President/CEO of United Southeast Federal Credit Union Larry Stapleton has announced his retirement.

"I think it's the saddest thing in the world when people wait until it's too late to enjoy retirement," Stapleton said. "I'm healthy and active and its time to spend time with my family."

Stapleton began his career in 1964 with Mason-Dixon Credit Union. He worked with programmers to write and market their own data processing system and in 1966 helped test a new open-end loan product for CUNA Mutual that allowed his credit union to do overnight lending to members in any city in the eastern United States.

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