Alabama Gov. Robert Bentley, a Republican, has appointed former APCO Employees Credit Union CEO Larry Morgan as the state's top credit union regulator.

Morgan, who retired from the $1.9 billion APCO at the end of the year, will succeed Glenn Latham as administrator of the Alabama Credit Union Administration. APCO of Birmingham is the largest state-chartered CU.

Morgan, who retired from APCO after 38 years, served on the ACUA Advisory Board from 2005 until his appointment this year. His appointment is subject to state senate confirmation.

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