Denise Sweet-McGregor, the former interim CEO of NCUA-conserved AEA Federal Credit Union of Arizona, is leaving the CU Feb. 18, it was disclosed Monday.

Officials at the failed $309 million CU in Yuma confirmed a weekend public statement by Sweet-McGregor that she would be resigning, "leaving the credit union in capable hands."

She had been serving as executive vice president during a tenure which saw the southern Arizona CU encounter large real estate loan losses and endure a scandal involving a kickback scheme involving a now indicted group of local business leaders.

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