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The power of regulators to bar individuals from serving in a credit union once they have left their former employer has come in for new focus this week with a Pennsylvania appellate court barring the ex-CEO of the $119 million Boeing Helicopters CU from rejoining a CU.

The Commonwealth Court of Pennsylvania in Harrisburg in upholding a 2009 order by the Department of Banking regarding John Galante, who had been terminated by Boeing, held that the enforcement power of regulators would be hindered by overturning the order.

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