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Besides not renewing the contract of its interim president, Sperry Associates Federal Credit Union said it has made several more moves to get the cooperative back on track.

The $345 million CU in Garden City Park, N.Y., most recently eliminated its director of corporate development, business development manager and branch manager positions, said James Duffett, interim co-president. Effective Sept. 15, Sperry’s board decided not to renew the contract of its interim president and a human resources consultant. He stressed that the job cuts were part of a “restructure [that] was done to address changing priorities, and not an indication of the performance of the people impacted.”

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