The $149 million Peninsula Credit Union in Shelton, Wash., hasnamed veteran credit union executive Jim Morrell as its newpresident and CEO.

Morrell has been at the $450 million iQ Credit Union inVancouver, Wash., for the past 14 years, most recently as seniorvice president of support services.

At Peninsula CU, he succeeds Steve Gorseth, who will be retiringin June, the 18,000-member credit union said.

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