Greylock FCU CEO Resigns

The $1.3 billion Greylock Federal Credit Union, headquartered in Pittsfield, Mass., is focused on damage control and recovery in the wake of a series of revelations and resignations from some of its leaders.

By David Morrison | June 22, 2010 at 08:00 PM

o CEO of $1.3 billion Greylock CU resigned after criminal conviction comes to light.

o Board member of same credit union also resigns amid questions about possible conflict of interest.

o Regulations unclear on disclosure of nonfinancial crimes by board members and executives.

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