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The impending takeover of the ailing Norbel Credit Union in Colorado by a Texas CU triggered a shakeup Tuesday in an advisory governing council of the National Association of State Credit Union Supervisors.

Resigning as secretary of the Credit Union Executive Council, a governing unit of the trade group’s Advisory Council is Edwin Bigby, a long-time director of the NASCUS unit and president/CEO of the $120 million Norbel of Fort Collins, which under an NCUA-engineered transaction is being taken over July 31 by the $5.5 billion Security Service FCU of San Antonio.

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