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FOXNews Critical of Credit Union CEO Pay

FOXNews Happening Now program was critical Thursday morning of credit union CEO compensation, questioning whether credit unions should keep their tax-exempt status.

By Heather Anderson | Updated on May 24, 2012

FOXNews’ Happening Now program was critical Thursday morning of credit union CEO compensation, questioning whether credit unions should keep their tax-exempt status in a segment that appeared to have been prompted by banking lobbyists.

The segment, available on the FOX NEWS website, focus on retired President/CEO David Maus of the $1.1 billion Public Service Employees Credit Union of Denver, who earned more than $11 million in 2010. Maus’ 2010 pay included a $9.3 million one-time retirement payout.

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