Richard Miles Johnson, who served as president/CEO of Western Corporate Federal Credit Union for 30 years until his 2002 retirement, said he's been gone from WesCorp far too long to assume a major role in corporate restructuring.

But that hasn't stopped him from voicing strong opinions on the subject.

"Every single credit union needs settlement," the 86-year-old Johnson told Credit Union Times. "And we can go to any number of vendors, but what is a vendor truly interested in? How much money he or she can make."

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